Mon, Mar 01, 2021 @ 07:43 GMT
Home Contributors Technical Analysis AUD/USD Drops Like A Rock

AUD/USD Drops Like A Rock

AUD/USD drop fast and could hit new lows in the upcoming hours. It could drop below the 0.7939 previous low and could hit the lower median line (LML) of the major ascending pitchfork. Technically is expected to drop after another spike. Is traded outside the minor ascending pitchfork’s body, a valid breakdown below the LML will open the door for a major drop.

MultiBank Exchange Group
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

Featured Analysis

Learn Forex Trading