AUD/USD extended its upside movement from 0.6831 to as high as 0.6937.
AUD/USD extended its upside movement from 0.6831 to as high as 0.6937. Further rise is still possible in a couple of days and next target would be at 0.6970 area. Support is at 0.6910, a breakdown below this level could bring the price back towards the rising trend line on the 4-hour chart.
Futures, options, stocks, ETFs and over the counter foreign exchange products may involve substantial risk and may not be suitable for all investors. Leverage can work against you as well as for you. You should therefore carefully consider your investment experience as well as financial condition before deciding if trading is suitable for you.
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