AUD/USD broke below 0.6735 support and extended its downside movement from 0.6821 to as low as 0.6688.
AUD/USD broke below 0.6735 support and extended its downside movement from 0.6821 to as low as 0.6688. Deeper decline to test 0.6677 support is still possible, a breakdown below could take the price to 0.6600 area. Resistance is at 0.6745, above this level could trigger another rise towards 0.6800.
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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