AUDUSD made a Doji in 4 Hr time frame, waiting for Channel breakout.

AUDUSD wad up on Thursday morning after testing the low level of 0.6613 in the last trading session as The Australian dollar steadied around $0.664 on Thursday, but traded close to its lowest levels in two months as the greenback and Treasury yields rallied further on expectations of more cautious Federal Reserve rate cuts and bets that Trump will win in November. Domestically, investors digested data showing private sector activity in Australia neared stabilization in October as services activity expanded further, while manufacturing activity contracted at the fastest pace since May 2020.

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Varun Sharma

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