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AUD/USD Support At Daily Levels, Needs Retracement

By FOREX IN WORLDForexJun 14, 2019 07:28AM ET
www.investing.com/analysis/audusd-has-dropped-to-historical-support-levels-zone-0689006903-200431571
AUD/USD Support At Daily Levels, Needs Retracement
By FOREX IN WORLD   |  Jun 14, 2019 07:28AM ET
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The AUD/USD has dropped to historical support levels zone 0.6890-0.6903. It needs a healthy retracement to the upside.
0.6880 is the last chance for any bullish retracement on intraday timeframes. Unless it gets broken to the downside, bulls might try to get the price to the POC zone 0.6930-40 and 0.6660 if the bullish momentum persists and short traders close their trades. The interim range is 0.6890-0.6840. The price might reject from 0.6840 towards 0.6890 again if we see a retracement. If 0.6660 is reached then we might see a trend reversal and uptrend will start.

AUD/USD Support At Daily Levels, Needs Retracement
 

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AUD/USD Support At Daily Levels, Needs Retracement

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