AUDUSD – Thick Daily Cloud Continues to Limit Recovery Attempts

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Australian dollar remains at the front foot and continues to pressure strong barriers at 0.7050 zone (daily cloud base / Fibo 23.6% of 0.7277/0.6978) for the second consecutive day, but attempts to extend Thursday’s almost 1% advance, remain so far capped. Strong bounce after repeated failure at 0.7000 support (psychological / Fibo 61.8% retracement of […]The post AUDUSD – Thick Daily Cloud Continues to Limit Recovery Attempts appeared first on ActionForex.