- AUD/USD rejected resistance level
Price Movement
Since yesterday, AUD/USD has been moving within a 60pips range.
Trend
Overall, AUD/USD is trending downwards.
Macro Background
No major economic data release.
Important Issue
None.
Technical
Yesterday, AUD/USD tested and rejected the resistance level of 0.71339.
Currently, it is heading towards the support level of 0.70548.
Price Levels
Current Price: 0.70819
Next Resistance: 0.71339
Next Support: 0.70548