Technical Analysis – AUDUSD continues the sell-off; next critical level 23.6% Fibonacci mark

AUDUSD edged sharply lower over the previous six trading days, however, during yesterday’s session, the price snapped the steep losses and recorded a positive day, following the rebound on the lower Bollinger band around 0.7835. Looking on the bigger picture, the pullback from the 32-month high of 0.8135 endorsed the bearish phase, while the short-term […]