AUD/USD is facing 0.7203 resistance, a break of this level could signal resumption of the uptrend from 0.7075, then next target would be at 0.7300 area. Near term support is at 0.7135, below this level could bring the price back towards 0.7050.
AUD/USD Daily Analysis – Wednesday, Jan. 30
AUD/USD is facing 0.7203 resistance, a break of this level could signal resumption of the uptrend from 0.7075, then next target would be at 0.7300 area.
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.