AUD/USD continued its upside movement from 0.6765 and the rise extended to as high as 0.7204.
AUD/USD continued its upside movement from 0.6765 and the rise extended to as high as 0.7204. Further rise is still possible after a minor consolidation and next target would be at 0.7300 area. Near term support is at 0.7140, below this level could bring the price back to 0.6900 area.
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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