rauan
Short

AUDUSD 0.7160 to 0.7050

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD             started its decline from 0.7140 on Thursday and was stopped by short-term support level 0.7090, created with two violet trend lines . After rebound AUDUSD             has returned to previous order's open level.
As displayed on the chart, 0.7140/60 area is strenghtened with a few dynamic resistance points. Expected scenario is AUDUSD             decline targeting 0.7050 and 0.6950.
*Close above 0.7160 opens AUDUSD             way to 0.7220.
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