Australian dollar forms a reversal

The AUD/USD pair found a resistance at the level of: 0.6880-0.6900 after a weekly growth. In addition to significant resistance, a significant overbought and a slowdown in the uptrend is a limiting factor for the growth of this pair.

Deals for sale should be considered below the zone: 0.6860-30.

This will indicate a correction after growth and open the way to support levels: 0.6780 and 0.6750.

Read also: “What is expected from the June Federal Reserve meeting”

Hanzenko Anton

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