AUDUSD Price Bounces Off $0.65 Resistance Level
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AUDUSD Price Bounces Off $0.65 Resistance Level

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Azeez Mustapha

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Bearish movement commences in AUDUSD market

AUDUSD Price Analysis – 30 July

If purchasers are ready to pay more than the $0.65 hedge, the price might be raised to about $0.66 or perhaps $0.67. If sellers can push the market below the $0.64 support position, prices can drop to the $0.63 and $0.62 support levels.

Key levels:

Resistance levels: $0.65, $0.66, $0.67

Support levels: $0.64, $0.63, $0.62

AUDUSD Long-term Trend: Bearish

The value of the AUDUSD decreases daily after tested $0.65 point. On April 9, when the currency brace began to increase, a triple bottom chart pattern emerged. The price rise to $0.65 due to the bulls’ perspiration. By the time transactions started to fail, the price had dropped from the original estimate to $0.64. At $0.64, the AUDUSD price surpasses the cutoff. An update is being made towards the $0.63 hedge. The $0.63 support level is still being looked at this week. The bears’ forecast of a sharp fall to $0.64 is supported by the existing circumstances.

AUDUSD Price Bounces Off $0.65 Resistance Level

A sell forex signal is indicated when the histogram of the red QQE MOD indicator fall below zero. If purchasers are ready to pay more than the $0.65 hedge, the price might be raised to about $0.66 or perhaps $0.67. If sellers can push the market below the $0.64 support position, prices can drop to the $0.63 and $0.62 support levels. When the currency brace clears the Hull Suite forex signals index downside, the request is deemed bearish.

AUDUSD medium-term Trend: Bearish

The Australian bone’s 4-hour chart shows an increasing trend. The $0.61 hedging position held back the currency brace’s movement for over two days. The range of prices was $0.61 to $0.62. This week, as the price started to go below the dynamic hedge position, more bearish candles burnt. On the chart, the 4-hour candle that closed below $0.65 the previous week looked unstable. However, if the previous movement restriction is removed, the increasing declination might continue.

AUDUSD Price Bounces Off <img decoding=.65 Resistance Level" width="1281" height="546" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/07/4-hours-77.png"/> I think the AUDUSD request might keep falling. The QQE MOD and the red histogram both show a distinct downward trend and are below zero.

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