AUD/USD Price Analysis: Approaches upper end of monthly bullish channel near 0.7150
AUD/USD braces for the biggest weekly gain since November 2020 inside one-month-old ascending trend channel. Overbought RSI conditions suggest pullback from the stated channel’s resistance. 200-SMA holds the key for bear’s entry, bulls can aim for June’s peak beyond 0.7150 nearby hurdle. AUD/USD grinds higher around intraday top surrounding 0.7125 heading into Friday’s European session.… Read More »