{"id":234442,"date":"2019-08-05T16:00:09","date_gmt":"2019-08-05T20:00:09","guid":{"rendered":"http:\/\/insidebitcoins.com\/?p=234442"},"modified":"2021-09-14T01:42:27","modified_gmt":"2021-09-14T05:42:27","slug":"audusd-price-may-decline-further-to-reach-demand-level-of-0-665","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/audusd-price-may-decline-further-to-reach-demand-level-of-0-665","title":{"rendered":"AUDUSD Price May Decline Further to Reach Demand Level of $0.665"},"content":{"rendered":"
The Bears may push the price to reach the demand level of $0.665 provided their momentum is maintained or increased.<\/p>\n
Supply levels: $0.682, $0.692, $0.701
\nDemand levels: $0.665. $0.648, $0.626<\/p>\n
<\/p>\n
AUDUSD is bearish on the Long-term outlook. AUDUSD has been bearish for more than a week. The Bears were fully in control of the AUDUSD market. The Bears are not giving a chance for the Bulls. The price declined towards $0.682 last week, the level could not hold the price and it penetrated the level downside. Today, the Bears continue holding the market with the formation of the daily bearish candle and the price moved down towards the demand level of $0.665.<\/p>\n