AUD/USD is in corrective consolidation for the downtrend from 1.8135. Further rally is still possible in a couple of days and next target would be at 0.7910, followed by 0.7970.
AUD/USD is in corrective consolidation for the downtrend from 1.8135. Further rally is still possible in a couple of days and next target would be at 0.7910, followed by 0.7970. Support levels are at 0.7800 and 0.7759, only break below these levels could trigger another fall towards 0.7650.
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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