Wed, Dec 04, 2024 @ 09:29 GMT
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AUD/USD At New Lows

MultiBank Exchange Group
By MultiBank Exchange Group

AUD/USD resumed the yesterday’s impressive sell-off. Is moving down after the false breakout above the median line (ml) of the minor descending pitchfork. The downward was paused by the 0.7755 horizontal support, but the US figures can send it towards the next major downside target (WL1).

MultiBank Exchange Group
MultiBank Exchange Grouphttp://www.mexgroup.com
Multibank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands.

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