AUD/USD carries the previous day’s recovery gains to attack 0.6650. US dollar index (DXY) refreshes two-month low under 98.50. Two-day-old symmetrical triangle questions immediate upside. 200-HMA adds to the support below the triangle’s lower line. AUD/USD takes the bids around 0.6658, up 0.20% on a day, during the pre-European session on Friday. The Aussie pair recently gained traction after the US dollar index (DXY), a gauge of the greenback versus the major currencies, slipped to the fresh low since March 30 to 98.25. Even so, the quote stays inside the immediate triangle formation between 0.6665 resistance and 0.6625 support. As the bullish MACD favors the pair’s run-up past-0.6665, it’s wise to expect a further rise towards 0.6700 afterward. Alternatively, a downside break below 0.6625 might have to take a rest on a 200-HMA level of 0.6580. AUD/USD hourly chart Trend: Sideways to positive FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold Price Analysis: Has strong support and $1,718, and may resume its rise – Confluence Detector FX Street 3 years AUD/USD carries the previous day’s recovery gains to attack 0.6650. US dollar index (DXY) refreshes two-month low under 98.50. Two-day-old symmetrical triangle questions immediate upside. 200-HMA adds to the support below the triangle’s lower line. AUD/USD takes the bids around 0.6658, up 0.20% on a day, during the pre-European session on Friday. The Aussie pair recently gained traction after the US dollar index (DXY), a gauge of the greenback versus the major currencies, slipped to the fresh low since March 30 to 98.25. Even so, the quote stays inside the immediate triangle formation between 0.6665 resistance and 0.6625 support. As… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
