AUD/USD Drops By 2% In The Last 21 Sessions

(VIANEWS) – AUD/USD (AUDUSD) has been up by 2.08% for the last 21 sessions. At 12:06 EST on Wednesday, 1 May, AUD/USD (AUDUSD) is $0.65.

AUD/USD’s yearly highs and lows, it’s 3.524% up from its 52-week low and 8.446% down from its 52-week high.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, AUD/USD’s Forex is considered to be overbought (>=80).

Previous days news about AUD/USD (AUDUSD)

  • Aud/usd price analysis: uptrend extends. According to FXStreet on Monday, 29 April, "A decisive break would be one in which AUD/USD formed a long red bearish candlestick on the 4-hr chart that pierced below the channel line and closed near its low, or three consecutive red candles in a row that also broke below the channel line."
  • Aud/usd holds steadily as traders anticipate Australian retail sales, fed’s decision. According to FXStreet on Monday, 29 April, "As Tuesday’s Asian session begins, the AUD/USD trades at 0.6564, virtually unchanged.", "If the number comes as expected, the AUD/USD could drag lower, but after breaching the 200-day moving average (DMA) of 0.6524, that could be seen as the first support. "

More news about AUD/USD (AUDUSD).

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