AUD/USD is facing 0.6988 support, a breakdown below this level could signal resumption of the downtrend from 0.7205, then further decline to 0.6900 area could be seen.
AUD/USD is facing 0.6988 support, a breakdown below this level could signal resumption of the downtrend from 0.7205, then further decline to 0.6900 area could be seen. Near term resistance is at 0.7015, a break of this level could bring the price back towards 0.7068 resistance.
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.
Comments
Log in or sign up to join the conversation.