More downside for AUDUSD?




After breaking the significant support level (0.717 – 0.7183), AUDUSD showed some retracement in this trading week and tested this structure level and show upside weakness.

It is highly possible that this level (0.717 – 0.7183), might hold the pair and continue the downtrend for the coming week.


Monthly Levels: Represented in Red

Weekly Levels: Represented in Blue

Daily Levels: Represented in Black

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