AUDUSD Daily Analysis – Monday, August 27


AUDUSD failed to break below 0.7202 support and rebounded strongly from 0.7237.

Further rally to test 0.7381 resistance is possible in the coming days, a break of this level could trigger further bullish move to 0.7450 area.

Support is at 0.7290, only a breakdown below this level could bring the price back towards 0.7202 support.

AUDUSD 4-hour chart

Reviews

  • Total Score 0%
User rating: 0.00% ( 0
votes )



Leave a Reply

Your email address will not be published. Required fields are marked *