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.
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.
