AUD/USD is pending the resumption of the uptrend

The AUD / USD has been trading in an uptrend since the beginning of the month, limited to the support level of 0.7400, which corresponds to the lower boundary of the upward channel. Also, this mark is a strong psychology, the breakdown of which cancels expectations for strengthening. Levels of resistance and possible targets are located at the levels: 0.7440 and 0.7460.

Read also: “Features of trade on crosses containing the Euro (EUR)”

Hanzenko Anton

Earn with the help of the trade service on the news Erste News!

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