AUDUSD pair is showing a downward movement towards the daily support level of 0.7538. However as long as the pair remains stable above 0.7538 on a daily basis, we think the downward trend may be limited. At this point, we will face again resistance levels at 0.7583 and 0.7638. On the other hand, in the event that the decrease continues below 0.7538, the next support level will be at 0.7496
Support: 0.7538 – 0.7496 – 0.7477
Resistance: 0.7583 – 0.7638 – 0.7682
04 Apr 17 (Tue)
03:55 pm