In the past days, RBA chairman Phillip Lowe stated that more rate cuts may be conducted to stimulate inflation and lower unemployment rate. AUD keeps suffering selling pressure.
Price now sits at support 0.6905. As we can see from the chart, if AUDUSD wanna go up, then 0.6935 is the 1st resistance which should be broken through.
0.69 level is worth it to buy?
Price now sits at support 0.6905. As we can see from the chart, if AUDUSD wanna go up, then 0.6935 is the 1st resistance which should be broken through.
0.69 level is worth it to buy?