AUD/USD extended its upside movement from 0.7642 to as high as 0.7769, facing the resistance at 0.7785. Support is at 0.7725, as long as this level holds, the upside move could be expected to continue. However, a breakdown below 0.7725 support would suggest that the uptrend is complete, then another fall towards 0.7650 could be seen.
No Comments