FxWirePro
Short

Aussie struggles to hold above 0.70,decline till 0.69 is possibl

FX:AUDUSD   Australian Dollar/U.S. Dollar
330 0 12
Aussie has made a high of 0.7064 on Tuesday and retreated from that level. It is currently trading at 0.6995.

The pair’s minor resistance is around 0.7015 ( trend line joining 0.7064 and 0.7023) and any break above targets 0.7037/0.7065.

On the lower side minor support is around 0.6980 and break below will target 0.6940/0.6900

Bearish invalidation only above 0.7065.

It is good to sell on rallies around 0.7000 with SL around 0.7025 for the TP of 0.6940/0.6900
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out