AUD/USD extended its upside movement from 0.7199 to as high as 0.7344, breaking above 0.7337 resistance.
AUD/USD extended its upside movement from 0.7199 to as high as 0.7344, breaking above 0.7337 resistance. The upside movement could be expected to continue and next target would be at 0.7400 area. Near-term support is at 0.7280, only a breakdown below this level could bring the price back towards 0.7200.
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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