AUD/USD Price Analysis: Approaches H&S neckline below 0.6900

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AUD/USD Price Analysis: Approaches H&S neckline below 0.6900
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AUD/USD Price Analysis: Approaches H&S neckline below 0.6900 AUDUSD Fed ChartPatterns Reversal SupportResistance

attempted a recovery move, however, the Australian Dollar could retreat ahead as the risk impulse is quite negative amid airborne threats to theThe US Dollar Index is expected to recapture the 103.50 resistance ahead investors are getting anxious ahead of the release of the United State inflation data.

The asset is facing barricades each time encountering the 20-period Exponential Moving Average at 0.6398, indicating more weakness ahead.

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