There is selling pressure above $63k.
The descending trend line may hold the price below the $1.3800 area.
The AUD/USD pair tilted lower in early trading as investors waited for the upcoming US consumer confidence and Australian consumer inflation data.
The EUR/USD pair was little changed on Monday morning as investors refocused on the European Central Bank (ECB), which will have its meeting this week.
Bearish retracement within a strong bullish trend.
The price is in a symmetrical bullish ascending price channel.
The GBP/USD price jumped to the highest level since September 16 as investors focused on the relatively weak US dollar.
The BTC/USD pair maintained its bullish trend in the overnight session as investors cheered the rising inflows into the new futures ETF and the relatively weaker US dollar.
Big round number at 115.00 overhead.
Short-term volatility is likely between $1.3750 and $1.3850.
The AUD/USD rose to the highest level since July as investors and analysts cast doubt on the guidance offered by the Reserve Bank of Australia (RBA).
The EUR/USD price retreated as investors reflected on the relatively weak US housing starts and building permits data.
The Aussie is today’s strongest currency.
The US dollar is finally showing some weakness.
The GBP/USD was little changed on Tuesday morning as the market reflected on the impacts of the ongoing challenges in the global economy.