AUD/USD
AUD USD
- USD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDUSD
ISIN:

AUD/USD: Downward Acceleration

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AUD/USD has failed to produce a sustainable uptrend but instead broken below a rising wedge. It has crossed below the lower Bollinger band while those bands are widening, calling for downward acceleration. In case the pair breaches 0.7335, it could proceed further toward the next key level of 0.7300. The level of 0.7400 remains a key resistance. Visit www.tradingcentral.com and follow us on Twitter @TRADINGCENTRAL, Facebook TRADINGCENTRAL or YouTube tradingcentralTV.
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