AUD/USD outlook .
As I expected, the AUS/USD has broken 0.733 level & continues to hit 0.7293 level which is 50% Fib.R, ,If the price breaks level 0.7305 to 50% Fib , I would probably expect it to continue its journey below 50% Fib.R towards 0.72 Zone.
On the upside, If the price bounces back from 0.7293, We only could expect a GREEN-LIGHT if the price hit 0.7410 level followed by 0.7375.
Support - 0.7305 ,0.7293
Resistance 0.7375
As I expected, the AUS/USD has broken 0.733 level & continues to hit 0.7293 level which is 50% Fib.R, ,If the price breaks level 0.7305 to 50% Fib , I would probably expect it to continue its journey below 50% Fib.R towards 0.72 Zone.
On the upside, If the price bounces back from 0.7293, We only could expect a GREEN-LIGHT if the price hit 0.7410 level followed by 0.7375.
Support - 0.7305 ,0.7293
Resistance 0.7375