Thursday, 2 March 2017

AUDUSD Daily Analysis - March 3, 2017 Forex Analysis

AUDUSD broke below 0.7605 key support, indicating that the uptrend from 0.7159 (Dec 26, 2016 low) had completed at 0.7740 already. Further decline could be expected after a minor consolidation and next target would be at 0.7400 area. Resistance is at 0.7600, as long as the pair is below this level, the downtrend will continue.

audusd chart


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