AUD/USD Failing To Find Demand
With no economic releases in Australia today, investor sentiment would be governed by global macroeconomic factors. This morning, the pair traded at a high of 0.7580 and a low of 0.7534.
In the long-term, we are waiting for further signs that the current downtrend is ending. Key supports stand at 0.6009 (31/10/2008 low) . A break of the key resistance at 0.8295
In the long-term, we are waiting for further signs that the current downtrend is ending. Key supports stand at 0.6009 (31/10/2008 low) . A break of the key resistance at 0.8295
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