Forecast for the movement of the AUD / USD pair
The currency pair has completed a wave of decline to the level of 0.7070. Today the market has fulfilled another growth impulse to 0.7142. Further, we expect a decline to 0.7101. We expect the consolidation range to develop at these levels. With the exit from it upwards, the potential for growth to the level of 0.7222 will open. With an exit downward, a decline to 0.6980 is possible.
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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.