AUD/USD Price Forecast: Trades around 0.7050 after breaking below nine-day EMA | FXStreet

AUD/USD pares its recent gains from the previous session, trading around 0.7050 during the early European hours on Thursday. The technical analysis of the daily chart indicates that the pair is rem...

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AUD/USD Price Forecast: Trades around 0.7050 after breaking below nine-day EMA | FXStreet

Source: FXStreet

AUD/USD pares its recent gains from the previous session, trading around 0.7050 during the early European hours on Thursday. The technical analysis of the daily chart indicates that the pair is remaining within the ascending channel pattern, indicating that bullish bias prevails.