AUD/USD Resistance Looms Near .7180
Chart Prepared by Jamie Saettele, CMT
-AUD/USD remains in a near term bearish position while below .7223 (latest swing high). .7180 may provide resistance. In the event of fresh trend lows, the next support may not be until the mid-.6700s (1999 high, 2004 low). Strength through .7300 is really needed to indicate more important bullish potential.
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