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AUD/USD Price Movement For May 14, 2020

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The AUD/USD is now trying to move to the liquidity void 0.6443-0.6399. It is likely to try to break through the nearest liquidity pool at the 0.6374. If this level is broken out, this pair will continue to decline. It may test the next liquidity void at the 0.6338-0.6302. however, this scenario will be canceled if the pair edges above the 0.6470 level.

The overall bias for AUD/USD now is bearish.

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The material has been provided by InstaForex Company - www.instaforex.com