AUDUSD broke below 0.6860 support, suggesting that the upside movement from 0.6723 had completed at 0.6882 already. Further decline could be expected in the coming days and next target would be at 0.6820 area.
AUDUSD broke below 0.6860 support, suggesting that the upside movement from 0.6723 had completed at 0.6882 already. Further decline could be expected in the coming days and next target would be at 0.6820 area.
Resistance is at 0.6882, only break above this level could trigger another rise towards 0.6950.
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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