AUD/USD is facing 0.7672 support, a breakdown below this level could signal resumption of the downtrend from 0.7916, then further decline towards 0.7600 could be seen.
AUD/USD is facing 0.7672 support, a breakdown below this level could signal resumption of the downtrend from 0.7916, then further decline towards 0.7600 could be seen. The key resistance is at 0.7785, a break of this level would indicate that lengthier consolidation for the downtrend from 0.8135 (Jan 26 high) is underway, then further rally to 0.7850 area is possible.
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