Analysis of the Australian dollar pair and the best expected selling areas

A Strong Selling Opportunity for the Australian Dollar Soon


The AUD/USD pair is moving in a sideways trend on the daily chart.

Currently, it appears the pair is targeting supply zones

above, which represent the best selling zones currently for the pair

located at 0.65780.

If the specified selling zones are reached, 

a decline is expected to target the 0.6530 and 0.6460 levels.


The analysis failed to break and close above the specified supply zones

with a daily candle, specifically a close above the 0.66250 levels.