AUD/USD Price Movement For June 12, 2020


On the 4-hour chart, we see that AUD/USD has got under bearish pressure that has already been confirmed by the Divergence between the CCI (30). The price is trying to reach the Daily Liquidity Void zone area. However, before that happens it seems that AUD/USD will make a retracement upwards to test 0.6900 before going down again. The Daily Liquidity Void Area is filled as long as the pair does not retrace upwards and closes above 0.7065.


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