AUDUSD approaching resistance, look out for potential reversal! Short

Australian Dollar/US DollarSaxo

Description

⋅ Oct 16, 2019 2:39 AM

AUDUSD is approaching its resistance at 0.67490 where it is could reverse down to its support at 0.68130.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.

Comments

PistolPeteno1

⋅ Oct 16, 2019 2:45 AM

Seeing your 2nd Support Area as a more likely target. IMF has downgraded Australia's Growth prospects and this AUD is looking alot more bearish IMO