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JinDao_Tai

AUD/USD Outlook (4th March 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
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trendanalysis forex macro technical trend audusd
  • AUD/USD heading towards support level

Price Movement
Since last Friday, AUD/USD’s movement has been indecisive.

Trend
AUD/USD is currently trending downwards.

Important Issue
None.

Technical
Last Friday, AUD/USD tested and broke the 0.71 key level.
AUD/USD is currently heading towards the support level of 0.70700.

Price Levels
Current Price: 0.70849
Next Resistance: 0.71800
Next Support: 0.70700
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