AUD/USD remains in the downtrend from 0.7198. Further decline could be expected in a couple of days and next target would be at 0.7000 area. Resistance is at 0.7120, above this level could bring the price back towards 0.7200.

AUD/USD remains in the downtrend from 0.7198.
AUD/USD remains in the downtrend from 0.7198. Further decline could be expected in a couple of days and next target would be at 0.7000 area. Resistance is at 0.7120, above 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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