AUD/USD is facing 0.7054 support and a breakdown below this level would indicate that the downside movement from 0.7295 has resumed, then a further decline towards 0.6900 could be seen.
AUD/USD is facing 0.7054 support and a breakdown below this level would indicate that the downside movement from 0.7295 has resumed, then a further decline towards 0.6900 could be seen.
Near term resistance is at 0.7206, above here could trigger another rise towards 0.7400.
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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