Rotuma

AUD/USD Slips below support at 0.74

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUD/USD: The Aussie dollar slips below 0.74 and closed at 0.73989 in the last session of the week after failing to hold above 0.74047 resistance and its 500 EMA.

The Aussie dollar could fall further to around 0.73815 if it fails to hold above 0.73931 support and the resistance trend highlighted in blue.

The Aussie dollar will need to break and maintain trading activities above 0.74112 to progress to 0.74220 to 0.74289.

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