Tue, 12 Apr 2022 08:52:28 GMT
AUD/USD situation is unchanged
In general, the AUD/UD has continued to steadily decline, as the rate has touched the 0.7400 mark and the 50-hour simple moving average acts as resistance and forces the pair down. In the near term future, the pair might get squeezed into the 0.7400 level by the moving average.
Above the 50-hour SMA, the 0.7500 mark might stop a surge. In