Australian dollar maintains a potential for decline

AUD/USD pair, despite oversoldness and repulsebound from support at 0.6990, remains under the pressure from a downtrend. Significant resistance and reversal zone is located at levels: 0.7000 and 0.7020.

Entering deals for sale should be considered below the zone 0.6990-80.

Support and goals are located at 0.6950 and 0.6920.

Read also: “Fractals. Another simple indicator to make money! ”

Hanzenko Anton

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