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AUD/USD nearing 6 year lows at 0.7561

Pair posted another new trend low at 0.7568 Inching closer to 6 year low from early March at 0.7561 Shorts active, target 0.7250. On a break of 0.7561 level, trail the stop lower 0.7241 was monthly low May 2009, 0.7204 i…

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AUD/USD nearing 6 year lows at 0.7561
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  • Pair posted another new trend low at 0.7568

  • Inching closer to 6 year low from early March at 0.7561

  • Shorts active, target 0.7250. On a break of 0.7561 level, trail the stop lower

  • 0.7241 was monthly low May 2009, 0.7204 is 76.4% of 0.6007-1.1081 2008/2011 rally

 

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560