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AUDUSD rallies for the third straight day, lifted by weaker US dollar and downbeat US services PMI data (released on Wednesday). Bulls cracked pivotal 0.6600 resistance zone (double-Fibo/100DMA/round-figure), trading at these levels for the first time since Mar 21. Improved picture on daily chart (momentum broke into positive territory and MA’s turned to bullish setup) […]

The post AUD/USD: Strong Recovery Cracks Pivotal Barriers at 0.6600 Zone appeared first on Action Forex.

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20/06/2024

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