DragonCaptain

AUDUSD SIDEWAYS MOVEMENT - IDEA

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD made a pullback at 0.7000 key level but avoided heavy fall or reversal from the top as USD remains weak and AUD remains optimistic. Currently trading in the 0.6800 to 0.7000 zone has the potential to break above the 0.7000 level to further highs. But we will take opportunities in sideways movement with supporting resistance lines at 0.8600 and 0.7000 levels.

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