AUD/USD remains in the downtrend from 0.7295, further decline is still possible in a couple of days and next target would be at 0.7000 area. Near term resistance is at 0.7120, a break of this level could bring the price back to 0.7180 zone.

AUD/USD remains in the downtrend from 0.7295, further decline is still possible in a couple of days and next target would be at 0.7000 area.
AUD/USD remains in the downtrend from 0.7295, further decline is still possible in a couple of days and next target would be at 0.7000 area. Near term resistance is at 0.7120, a break of this level could bring the price back to 0.7180 zone.

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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