AUD/USD continued its sideways movement in a narrow range between 0.6812 and 0.6861. The sideways movement is likely consolidation for the uptrend from 0.6754, a breakout of 0.6861 resistance could trigger further upside movement towards 0.6900.

AUD/USD continued its sideways movement in a narrow range between 0.6812 and 0.6861.
AUD/USD continued its sideways movement in a narrow range between 0.6812 and 0.6861. The sideways movement is likely consolidation for the uptrend from 0.6754, a breakout of 0.6861 resistance could trigger further upside movement towards 0.6900.

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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