With Chinese manufacturing continuing to show a slowdown in the economy the AUDUSD is seeing further downside after finding
resistance at the key weekly trendline. With the current USD, strength expect this market to run down to the key support of 0.7050.
resistance at the key weekly trendline. With the current USD, strength expect this market to run down to the key support of 0.7050.
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.
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.