AUDUSD Strong downtrend continues
Aussie has broken the channel line support since July and continued the downtrend. The price is now seeking for the long term support around 0.630 or 76.4% fib and it may have a chance to reverse at that area. The reversal may skyrocket the price to 0.72 - 0.79 level.
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.