AUD/USD Weekly Analysis – Sunday, March 3

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.

AUDUSD daily 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.


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