Technical Analysis – AUDUSD remains sideways; multi-year lows in sight

AUDUSD has endured a 20-day trading range with upper boundary of 0.6820 and a lower boundary of 0.6734. The bears seem to be in control, keeping the price closer to the lower boundary, but have yet to close below it. It is worth mentioning that the Tenkan-sen has declined, distancing itself from the Kijun-sen, tilting […]