Wed, 27 Jul 2022 14:40:41 GMT
AUD/USD continues to decline
By the start of Wednesday's trading, the AUD/USD rate had reached the 0.6920 level. The pair was extending the decline, which started after the failed attempt to reach above the 0.6980 level.
However, on Wednesday, technical analysis is set to be obsolete for all USD pairs, as the US Federal Reserve is set to announce a rate hike at 18:00 GMT.