AUD/USD is facing 0.7047 resistance, a breakout of this level could signal resumption of the uptrend from 0.7910, then next target would be at 0.7100 area. Near term support is at 0.7020, below this level could bring the price back to 0.6970 zone.

AUD/USD is facing 0.7047 resistance, a breakout of this level could signal resumption of the uptrend from 0.7910, then next target would be at 0.7100 area.
AUD/USD is facing 0.7047 resistance, a breakout of this level could signal resumption of the uptrend from 0.7910, then next target would be at 0.7100 area. Near term support is at 0.7020, below this level could bring the price back to 0.6970 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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