AUD/USD extended its upside movement from 0.6765 to as high as 0.7235. A further rise is still possible in a couple of weeks and the next target would be at 0.7393 resistance.
AUD/USD extended its upside movement from 0.6765 to as high as 0.7235. A further rise is still possible in a couple of weeks and the next target would be at 0.7393 resistance.
Near term support is at 0.7150, 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.
Comments
Log in or sign up to join the conversation.