CalebDismuke

AUD/USD at important support.Will (7500) hold?

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Technically Speaking
The 75 level has been an important pivot going back to September of 2016.

A weekly close below the 75 level and the 100(red line) and 200(green line) DMA's would likely lead to further losses.

If the 7500 level holds, I will be looking for long positions.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.