AUDUSD broke below 0.7095 support, suggesting that the short-term uptrend from 0.7041 had completed at 0.7159 already.
AUDUSD broke below 0.7095 support, suggesting that the short-term uptrend from 0.7041 had completed at 0.7159 already.
Further decline could be expected and next target would be at 0.7041 previous low.
Resistance is at 0.7130, only a break of this level could trigger another upside movement towards 0.7200.
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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