Technical Analysis – AUDUSD holds at 3-month lows; bearish in short and medium-term

AUDUSD has been making lower highs and lower lows since the end of January when it touched a more than a 2 ½ -year high of 0.8135, pausing this downtrend at 3-month lows over the past week. The technical indicators, though, continue to send bearish signals, suggesting that the softness in the market is not […]