AUD/USD is facing 0.7880 resistance. As long as this level holds, the bounce from 0.7790 could be treated as consolidation for the downtrend from 0.7988, and another fall to test 0.7759 support is still possible after the consolidation. On the upside, a breakout of 0.7880 resistance would suggest that the downside movement had completed at 0.7790 already, then further rally towards 0.7988 resistance could be seen.
Related Posts
Get The Scoop On The Top 4 Financial Assets To Trade This Week
Can This Mega Restaurant Operator Serve A Delicious Earnings Report?
NFT Steez and Lukso co-founder explore the implications of digital self-sovereignty in Web3- Indian Indices Bleed; Sensex Ends 840 Points Lower
SHIB, BONE, LEASH tokens dip amid rumors of $2.5M Shibarium gaffe- Gratitude Check: Gold Price Resistance Proves Sound Money Works
Leave A Comment