Forexters

AUD/USD - Quick Update

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Speaking about the technical side, the AUD/USD has completed the 61.8% retracement near $0.7360. The bullish trend seems strong but we should see if buyers respect a Fibo resistance level of $0.7355 or they violate it. Anyhow, we should be ready for both scenarios. The violation of $0.7350 is likely to lead the AUD/USD towards $0.7380  and $0.7400.

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