AUDUSD remains in downtrend from 0.7610, the rise from 0.7491 is likely consolidation of the downtrend. Further decline to test 0.7473 support is possible, and a breakdown below this level will signal resumption of the downtrend from 0.7749, then next target would be at 0.7300 area. Resistance is at 0.7550, only break above this level … Continue reading "AUDUSD Daily Analysis – April 21, 2017"
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