- AUD/USD consolidates in narrow range 0.7320-0.7409 for the past two trading session.
- Major trend reversal level- 0.7385
- Break above would extend gains till 0.7450/0.7500 in short term.
- On the downside minor support is around 0.7340 and break below targets 0.7300/0.7250 in short term.
It is good to buy around 0.7380 with SL around 0.7340 for the TP of 0.7490.
The material has been provided by InstaForex Company – www.instaforex.com