The AUDUSD pair has dropped 0.77 levels. Is it poised to extend the sell-off? Oanda Senior Market Analyst, Craig Erlam takes note of the bearish reversal patterns – Double top and a slanting head and shoulders – on the AUDUSD daily chart.
USD/CAD – Canadian Dollar Under Pressure Ahead of BoC Decision
US Earnings and BoC Decision Eyed on Wednesday
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.