AUD/USD is now in the uptrend from 0.7052. Further rally could be expected in a couple of days and next target would be at 0.7200 area. Near term support is at 0.7085, only a breakdown below this level could bring the price back towards 0.7000.
AUD/USD Daily Analysis – Tuesday, April 9
AUD/USD is now in the uptrend from 0.7052. Further rally could be expected in a couple of days and next target would be at 0.7200 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.