- AUD/USD has made a high of 0.7234 on Yesterday and started to retreat from that level. It is currently trading at 0.7193
- Aussie is facing minor trend line support around 0.7170 and any break below targets 0.7100/0.7060 in short term.
- On the higher side major resistance is around 0.7235 and break above would take the pair till 0.7280/0.7300.
It is good to sell only below 0.7170 with SL around 0.7235 for the TP of 0.7100/0.7065
The material has been provided by InstaForex Company – www.instaforex.com