According to Bpaynews, the Australian dollar surged past a key resistance level near 0.6540 and rose above its 100-day moving average at 0.65316, signaling a potential continuation of bullish momentum. The breakout has drawn attention to near-term resistance at 0.6551 and 0.6561–0.6564, while a retreat below 0.6540 could undermine the upward trend. Meanwhile, USD/CAD fell through 1.3968–1.3975 support, testing the 50% retracement level at 1.39367.
AUD/USD Breaks Above 0.6540, Extends Gains Past 100-Day MA
BpaynewsShare






Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.