- Aussie has made a high of 0.7414 on Friday and unable to break above that level. Short term trend is still weak as long as 0.7000 holds.
- On the downside major support is around 0.6938 and any break below targets 0.6895/0.6800 level.
- The pair’s minor resistance is around 0.7000 and break above targets 0.7040/0.7065.
It is good to sell below 0.6940 with SL around 0.7000 for the TP of 0.6810
The material has been provided by InstaForex Company – www.instaforex.com