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Kav1ka

The Aussie Dollar

Long
Australian Dollar / U.S. Dollar (OANDA:AUDUSD)  
Kav1ka Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Support and Resistance Supply and Demand AUDUSD aussie USD aussiedollar
3
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trendanalysis supportandresistance supplyanddemand audusd aussie usd aussiedollar
Today's focus is on the Aussie Dollar as we look at the fundamental calendar data report from Australia to release throughout the week. Following a steep decline in prices on most major pairs against the greenback, this AUDUSD pair had found support at 0.72650 level, which is also a fib extension of 1.272 of the previous swing low (as shown in the comments below). I've highlighted key levels on the chart as supply zone. If AUD/USD were to rally back topside, it would likely retrace to those levels.


Happy Trading, folks!

Cheers!
Comment:
Trade closed: target reached
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