alicanuz

AUD/USD Technical Analysis

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
AUD/USD has been bearish for some time now and I don't see anything changing in the near future, I expect the price to fall to -0.618 Fibonacci extension level which is 0.6650 area and there maybe the price can find significant support. Keep in mind that 0.6850 area can also act as minor support but I don't see price reversing and turning bullish on these levels.

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