• Aussie is declining along with most currencies against the dollar
• Technically, the pair broke two major support levels
• First level was the round number 0.70 and second one was 0.6960
• Bears now target 0.680 figure
• Downtrend is clear, highlighted by the descending channel in the chart above
• Technically, the pair broke two major support levels
• First level was the round number 0.70 and second one was 0.6960
• Bears now target 0.680 figure
• Downtrend is clear, highlighted by the descending channel in the chart above
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.