Key Highlights AUD/USD declined below 0.6650 and tested the 0.6525 zone. A major bearish trend line is forming with resistance near 0.6610 on the 4-hour chart. EUR/USD is consolidating losses near the 1.0900 zone. Crude oil prices might start another increase above the $75.50 resistance. AUD/USD Technical Analysis The Aussie Dollar started a major decline […]
Key Highlights USD/JPY failed to clear the 145.00 resistance zone and declined. A major bearish trend line is forming with resistance at 144.00 on the 4-hour chart. EUR/USD and GBP/USD remained in a positive zone and eye more gains. The US GDP grew 4.9% in Q3 2023, less than the market forecast of 5.2%. USD/JPY […]
The post USD/JPY Remains In Downtrend, US GDP Disappoints At 4.9% appeared first on Action Forex.
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