The AUD/USD currency pair has shown stability for the second consecutive session, trading around the exchange rate of 0.6680 during the European trading hours on Thursday. However, technical analysis of the daily chart suggests a weakening bullish bias, as the pair remains positioned just below the nine-day exponential moving average.
This position under the ascending channel pattern may indicate potential challenges for the Australian dollar against the U.S. dollar. Market participants will be closely monitoring further movements to assess whether the currency pair can break above this key technical level or if it will continue to face downward pressure in the coming sessions.
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Data Source: FX Killer Analysis Team Updated: 2026-01-15 09:30
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.