- Aussie has broken short term support 0.6980 and this confirms further short term weakness , a decline till 0.6925/0.6895 cannot be ruled out.
- On the higher side minor resistance is around 0.7025 and break above indicates intra day bullishness , a jump till 0.7065/7100 is possible .
It is good to sell on rallies around 0.6980-85 with SL around 0.7025 for the TP of 0.6925/0.6895.
The material has been provided by InstaForex Company – www.instaforex.com