AUD/USD appears poised to break support at 0.7171, which may set the stage for a run at the 0.70 figure.
A daily close below support might serve as confirmation that December's corrective upswing has ended and the structural decline defining much of 2021 has resumed.
A dense block of congestion-area resistance runs up into 0.7343.
A daily close below support might serve as confirmation that December's corrective upswing has ended and the structural decline defining much of 2021 has resumed.
A dense block of congestion-area resistance runs up into 0.7343.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.