AUD/USD Continues to Hold Steady on its Week-Long Decline

AUD/USD Hourly (H1) Chart
AUD/USD Hourly (H1) Chart

AUD/USD: The pair continues to hold steady on its week-long decline and scaled fresh 11-year lows today as broad-based caution led sell-off intensified on last trading session of the week and price falling below the 0.65 handle. While AUD remains under pressure, the decline’s momentum is lower compared to earlier this week as USD remains under pressure owing to a decline in US T.Yields, which weakened the greenback. 

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