AUD/USD Breakdown Deepens—Are More Losses Coming?

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Key Highlights AUD/USD gained bearish momentum and declined below 0.7000. A bearish trend line is forming with resistance at 0.7050 on the 4-hour chart. Gold prices remained stable after a drop to $4,120. USD/JPY could dip further if there is a close below 156.00. AUD/USD Technical Analysis The Aussie Dollar failed to stay above 0.7080 […]The post AUD/USD Breakdown Deepens—Are More Losses Coming? appeared first on ActionForex.