AUD/USD broke below 0.7065 support, suggesting that the upside movement from 0.7003 had completed at 0.7168 already.
AUD/USD broke below 0.7065 support, suggesting that the upside movement from 0.7003 had completed at 0.7168 already. Further decline could be expected in the coming days and next target would be at 0.7000 area. Near term resistance is at 0.7110, above this level could trigger another rise to 0.7150 area.
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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