AUDUSD broke above 0.7235 resistance and extended its upside movement to as high as 0.7244.
AUDUSD broke above 0.7235 resistance and extended its upside movement to as high as 0.7244. Further rise is still possible and next target would be at 0.7350 area.
Near-term support is at 0.7230, only a breakdown below this level could bring the price back towards 0.7140.
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.