AUDUSD Daily Analysis – Thursday, Oct. 4

AUDUSD is facing 0.7085 support, a breakdown below this level could trigger further downside movement towards 0.7000.

Near-term resistance is at 0.7130, only a break of this level could bring the price back towards the falling trend line on the 4-hour chart.

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.


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