Technical Analysis of Daily Price Movement of AUD/USD Commodity Currency Pairs, Thursday 24 August, 2023

If we look on the AUD/USD commodity currency pairs on its daily chart, then it will look after the formation of Double Top pattern, then AUD/USD experience the weakness. However, after managed to break below the level 0,6461, now AUD/USD retracing/pulled above to test the level of 0,6597 and as long as upward retrace does not exceed above the level 0,6726, then AUD/USD will still continue its weakness back to the level 0,6368.

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