AUDUSD extended its upside movement from 0.6401 to as high as 0.6615.
AUDUSD extended its upside movement from 0.6401 to as high as 0.6615.
Further rise would likely be seen and next target would be at 0.6700 area. Near term support is at 0.6500, a breakdown below this level could trigger another fall towards 0.6372 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.
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