AUD/USD Weekly Analysis – Tuesday, March 5

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.

AUDUSD 4-hour chart

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.