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1.5043 australian dollar

looking like the bottom fell out and we're heading into a tail...

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blister

15,019 Posts.

2575

23/02/20

01:28

Post #: 43093759
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Originally posted by FXTechstrategy ↑

AUDUSD threatens further weakness towards the 0.6700 level in the new week. On the upside, resistance lies at the 1.6800 level. A cut through here will turn focus to the 0.6850 level and then the 0.6900 level where a violation will set the stage for a retarget of the 0.6950 level. Support lies at the 0.6700 level where a breach will aim at the 0.6650 level. Below here will open the door for a run at the 0.6600 level and then the 0.6550 level. On the whole, AUDUSD faces further downside threats on more weakness. This is an excerpt fromFXT Technical Strategist Plus(PRO Plan Package), a 7-currency model analysis and trade alerts utilized by all levels of traders with trade alerts.See Pricing and Get Started

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looking like the bottom fell out and we're heading into a tail spin

Price at posting: 1.5089 Sentiment: None Disclosure: Not Held
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0 Great analysis

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