Australian dollar near significant support (AUD / USD)
The AUD / USD, against the backdrop of the general recovery of the American dollar and the investers flight from risks, significantly adjusted, returning to the opening level of the week, thereby completely unloading the overbought pair and maintaining the monthly uptrend.
The zone of uncertainty for the AUD / USD pair is 0.7600-0.7600, the exit from which will indicate the resumption of the uptrend and movement to the resistance levels: 0.7630 and 0.7660. Fixing a pair below the uncertainty zone will cast doubt on the safety of the uptrend and the growth of the Australian dollar.
AUD / USD Graph. Current price – 0.7580
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Andre Green