Published January 13, 2025

AUDUSD is heading towards the support line of a Falling Wedge. If this movement continues, the price of AUDUSD could test 0.6112 within the next 12 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

Past performance is not an indicator of future results.
Losses can exceed deposits.