Australian dollar prepares to resume a decline

The AUD/USD pair slowed the decline in the correction and unloading of oversold indicators despite the preservation of the risks of trade opposition. At the same time, the pair maintained a two-week downtrend, which indicates the potential for a resumption of decline.

AUD/USD pair deals should be considered at a break through the support zone: 0.7220-30. As a result, the way to support levels will open: 0.7200-0.7180 and 0.7150. Resistance is located at the levels: 0.7240 and 0.7260.

Read also: “The stock market of Japan and its Main Indices”

Hanzenko Anton

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