AUD/USD is in consolidation for the uptrend from 0.6670.
AUD/USD is in consolidation for the uptrend from 0.6670. Range trading between 0.6840 and 0.6929 would likely be seen in a couple of days. As long as 0.6840 support holds, the uptrend could be expected to resume, further rise to 0.6950 area is possible after the consolidation.
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.