AUDUSD Daily Analysis – Wednesday, Feb. 19

By Staff of ForexCycle
Wednesday, February 19, 2020 4:37 AM EDT

AUDUSD is facing 0.6661 support, a breakdown below this level could trigger further downside movement to 0.6600 area.

Near term resistance is at 0.6700, a break of this level could bring the price back towards the top of the price channel on the 4-hour chart.

AUDUSD 4-hour chart

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