AUDUSD failed to break below 0.7202 support and rebounded strongly from 0.7237.
AUDUSD failed to break below 0.7202 support and rebounded strongly from 0.7237.
Further rally to test 0.7381 resistance is possible in the coming days, a break of this level could trigger further bullish move to 0.7450 area.
Support is at 0.7290, only a breakdown below this level could bring the price back towards 0.7202 support.
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.