
Will September’s Bullish Vibes Return? A Technical Analysis of AUD/USD on XM Research
AUDUSD tests support area near 200-day SMA AUDUSD has been on a downward slide again, marking its fourth consecutive week in the red. It recently dipped to a two-month low of 0.6612 but held above the 200-day simple moving average (SMA) and the constraining falling line from February 2023, which increases speculation as to whether…