AUDUSD is now in the downtrend from 0.6882, further decline would likely be seen and next target would be at 0.6800 area.
Resistance levels are at 0.6865 and 0.6882, only break above these levels could trigger another rise towards 0.6950.
AUDUSD Daily Analysis – Thursday, Oct. 24
AUDUSD is now in the downtrend from 0.6882, further decline would likely be seen and next target would be at 0.6800 area.
Disclaimer:
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.