Mon, 01 Nov 2021 08:33:26 GMT
AUD/USD passes support line
On Friday, the AUD/USD currency exchange rate failed to pass the resistance of the 0.7540/0.7555 zone. The event resulted in a decline, which passed the support of the lower trend line of the October channel up pattern and the 55-hour simple moving average.
Moreover, on Monday morning, the rate passed the support of the 200-hour SMA, which kept the rate