28.02.202307:28 Forex Analysis & Reviews: Technical Analysis of Daily Price Movement of AUD/USD Commodity Currency Pairs, Tuesday February 28 2023.

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After testing the area level of its Bearish Fair Value Gap-nya which is strong enough to hold the rate of rise of this commodity currency pair made the AUD/USD fall again, especially when it was confirmed by the appearance of the Bearish Flag pattern and deviations between price movements and the Stochastic Oscillator indicator and price movements that are below the EMA 10, it is certain that sellers are in the currency pair AUD/USD commodity money is currently dominating so that in the near future AUD/USD will try to test and break below the 0.6630 level. If this level is successfully broken down, then the 0.6586 level will be the main target, and the Bullish Fair Value Gap area level will be the second target level. with a note that if on the way down there is no significant correction again, especially if the level 0.6923 is successfully penetrated upwards because if this level is successfully penetrated then all scenarios of decline with the targets outlined earlier will become invalid and cancel automatically.

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