AUD/USD - U.S DOLLAR GETS STRONGER AGAINST AUD
AUD/USD - U.S DOLLAR GETS STRONGER AGAINST AUD
Recently AUD/USD pulled back from the zone 0.7479,Now the pair seems to be floating under the selling pressure as U.S dollor being stronger against AUD, a break under 0.733 could see the price lower as currenly the price is floating between the 23.2% & 38.2% Fib/R.
The price is re-testing at 0.733 level, Looking for selling opportunities if the price continues to move down below 0.7320 level followed by 0.733 could run towards at 0.7293 which is 50% Fib/R.
Support - 0.7410
Resistance - 0.7320/0.7293
Recently AUD/USD pulled back from the zone 0.7479,Now the pair seems to be floating under the selling pressure as U.S dollor being stronger against AUD, a break under 0.733 could see the price lower as currenly the price is floating between the 23.2% & 38.2% Fib/R.
The price is re-testing at 0.733 level, Looking for selling opportunities if the price continues to move down below 0.7320 level followed by 0.733 could run towards at 0.7293 which is 50% Fib/R.
Support - 0.7410
Resistance - 0.7320/0.7293