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AUD/USD Outlook (15th February 2019)

Australian Dollar / U.S. Dollar (FX:AUDUSD)  
JinDao_Tai  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Forex macro technical trend AUDUSD
2
0
trendanalysis forex macro technical trend audusd
  • AUD/USD rejected resistance level

Price Movement
Since yesterday, AUD/USD has been moving within a 60pips range.

Trend
Overall, AUD/USD is trending downwards.

Macro Background
No major economic data release.

Important Issue
None.

Technical
Yesterday, AUD/USD tested and rejected the resistance level of 0.71339.
Currently, it is heading towards the support level of 0.70548.

Price Levels
Current Price: 0.70819
Next Resistance: 0.71339
Next Support: 0.70548
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