AUD/USD rebounded from 0.7065 after touching the rising trend line on the 4-hour chart. However, the bounce is likely correction for the downtrend from 0.7168, another fall towards 0.7000 would likely be seen after the correction.
AUD/USD Daily Analysis – Tuesday, March 26
AUD/USD rebounded from 0.7065 after touching the rising trend line on the 4-hour chart.
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.