FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is in the forming of downtrend from 0.7390 - 0.7400.

on the other hand, AUDUSD is going up now since it found support at 0.6830.

In short term, see support at 0.6960, which is the support of upward trend line. When the support be validated, price would go up test long term downtrend line resistance - 0.7060, IMO.


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.