- The AUD/USD currency pair fell a bit Wednesday to break down below the lows of the previous candle, showing that perhaps there is still plenty of downward pressure.
- However, we have turned around in the middle of the day and have seen the market try to recover completely.
- The 50-day EMA sits just above, and of course, causes a certain amount of noise.
AUD/USD Forecast: Aussie Dollar Recovers After Initial Plunge
