The AUDUSD reverses the recent gains seen earlier in the week and is now trading below the 0.67 round number resistance level again.
With the momentum currently to the downside, look for the AUDUSD to break below the bullish trendline to signal a confirmation of further downside potential.
Downward moves on the AUDUSD could find the first support at 0.6635 and beyond that (probably unlikely) the key support level at 0.6580
With the momentum currently to the downside, look for the AUDUSD to break below the bullish trendline to signal a confirmation of further downside potential.
Downward moves on the AUDUSD could find the first support at 0.6635 and beyond that (probably unlikely) the key support level at 0.6580
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