Rotuma

AUD/USD: Australian dollar reached 0.68200 target

FX:AUDUSD   Australian Dollar / U.S. Dollar
The Australian dollar attempted to push forward in yesterday's session but ran out of gas as it approaches 0.68600. The Aussie dollar tried to regain control during the overnight session but failed and dipped below 0.68430 major support highlighted in my previous post.

The pair fell to 0.68200 in this mornings session and continued sideways throughout today's trading session. Keep a close watch at 0.68200, which could be the trigger point to the next leg up. The pair could continue further down to 0.68015 and 0.67830 if it fails at 0.68200.

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