Going into the FOMC charge determination, the AUDUSD was mired close to the center of an up and down trading vary.
The FOMC determination despatched the value increased, exterior of the trading vary and the race to the upside was on.
Today, the value continued it is transfer to the upside and within the course of prolonged above the 50% midpoint of the 2023 trading vary. However, the value has been fluctuating above and under that stage in the course of the European and US trading hours. The excellent news is the low stalled throughout the space outlined by the tip of November excessive at 0.6676 and the start of December excessive at 0.6689. That space is an in depth danger stage for the pair going ahead.
In this video, I define the dynamics of the technical driving the pair and what might harm the bullish bias going ahead.
The post AUDUSD breaks free from trading vary, bullish sentiment continues appeared first on FOREX IN WORLD.
