AUD/USD extended its upside movement from 1.6661 to as high as 0.6737, breaking above 0.6710 resistance.
AUD/USD extended its upside movement from 1.6661 to as high as 0.6737, breaking above 0.6710 resistance. A further rise would likely be seen and the next target would be at 0.6760 area. Near term support is at 0.6695, a breakdown below this level could trigger another fall towards 0.6600.
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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