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The post AUD/USD holds key support at 0.6410 – Société Générale appeared on BitcoinEthereumNews.com. AUD/USD bounced off the August lows at 0.6410 and reclaimed its 200-day moving average, signaling short-term bullish potential, Société Générale’s FX analysts note, Société Générale’s FX analysts note. AUD reclaims 200-DMA amid consolidation “AUD/USD defended the key graphical support of 0.6410 representing the lows of August and quickly reclaimed the 200-DMA. It is in vicinity to the descending trend line drawn since 2021 at 0.6600, which is an interim hurdle.” “If the pair establishes beyond this resistance, a short-term uptrend is likely. The next objectives could be located at September high of 0.6685/0.6710. Recent pivot low of 0.6410 is a key support.” Source: https://www.fxstreet.com/news/aud-usd-holds-key-support-at-06410-societe-generale-202512030852The post AUD/USD holds key support at 0.6410 – Société Générale appeared on BitcoinEthereumNews.com. AUD/USD bounced off the August lows at 0.6410 and reclaimed its 200-day moving average, signaling short-term bullish potential, Société Générale’s FX analysts note, Société Générale’s FX analysts note. AUD reclaims 200-DMA amid consolidation “AUD/USD defended the key graphical support of 0.6410 representing the lows of August and quickly reclaimed the 200-DMA. It is in vicinity to the descending trend line drawn since 2021 at 0.6600, which is an interim hurdle.” “If the pair establishes beyond this resistance, a short-term uptrend is likely. The next objectives could be located at September high of 0.6685/0.6710. Recent pivot low of 0.6410 is a key support.” Source: https://www.fxstreet.com/news/aud-usd-holds-key-support-at-06410-societe-generale-202512030852

AUD/USD holds key support at 0.6410 – Société Générale

Author: BitcoinEthereumNews

Source: BitcoinEthereumNews

2025/12/03 18:13

BULLISH$0.01895+10.30%

AUD/USD bounced off the August lows at 0.6410 and reclaimed its 200-day moving average, signaling short-term bullish potential, Société Générale’s FX analysts note, Société Générale’s FX analysts note.

AUD reclaims 200-DMA amid consolidation

“AUD/USD defended the key graphical support of 0.6410 representing the lows of August and quickly reclaimed the 200-DMA. It is in vicinity to the descending trend line drawn since 2021 at 0.6600, which is an interim hurdle.”

“If the pair establishes beyond this resistance, a short-term uptrend is likely. The next objectives could be located at September high of 0.6685/0.6710. Recent pivot low of 0.6410 is a key support.”

Source: https://www.fxstreet.com/news/aud-usd-holds-key-support-at-06410-societe-generale-202512030852

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