Aussie Update
AUD/USD appeared to be on track to test the yearly low (0.6349) amid the bearish prices series but lack of momentum to break/close below the 0.6380 (78.6% Fibonacci retracement) to 0.6410 (50% Fibonacci extension) region may push the exchange rate back towards the 0.6510 (38.2% Fibonacci retracement) to 0.6520 (23.6% Fibonacci retracement) zone.
Next area of interest comes in around 0.6590 (38.2% Fibonacci extension) to 0.6600 (23.6% Fibonacci retracement) but the recent rebound in AUD/USD may unravel should if fail to defend the weekly low (0.6441).
A break/close below the 0.6380 (78.6% Fibonacci retracement) to 0.6410 (50% Fibonacci extension) region raises the scope for a move towards the yearly low (0.6349), with the next area of interest coming in around the 2023 low (0.6270).
Next area of interest comes in around 0.6590 (38.2% Fibonacci extension) to 0.6600 (23.6% Fibonacci retracement) but the recent rebound in AUD/USD may unravel should if fail to defend the weekly low (0.6441).
A break/close below the 0.6380 (78.6% Fibonacci retracement) to 0.6410 (50% Fibonacci extension) region raises the scope for a move towards the yearly low (0.6349), with the next area of interest coming in around the 2023 low (0.6270).
Note
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.