10.12.202408:39 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of AUD/USD Commodity Currency Pairs, Tuesday December 10, 2024.

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With the appearance of deviations between the price movement of AUD/USD and the Awesome Oscillator indicator and the penetration of the 0.6458 level, it gives an indication that there is a potential for a reversal in the 4-hour chart, even so before continuing to strengthen again, AUD/USD will experience a correction first where the 0.6399 level will be tested and as long as the weakening does not continue to break and close below the 0.6357 level, then AUD/USD has the potential to strengthen upwards where the 0.6474 level will be tested if this level is successfully broken and closed above it, then AUD/USD will continue to strengthen to the 0.6508 level and if the momentum and volatility support it, the 0.6555 level will be the next target to be targeted next.

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