AUD/USD has broken major support 0.8641 (Oct 3rd low) which confirms the resumption of bearish trend.
On the downside break below will target 0.8607/0.8544 in the short term.
Minor resistance is around 0.868. Any indicative break above would extend gain to 0.870/0.872.
Recommendation: Sell AUD/USD around 0.8640 , SL 0.8680, Targets 0.8607/0.8544.
On the downside break below will target 0.8607/0.8544 in the short term.
Minor resistance is around 0.868. Any indicative break above would extend gain to 0.870/0.872.
Recommendation: Sell AUD/USD around 0.8640 , SL 0.8680, Targets 0.8607/0.8544.