AUD/USD Resumes Higher on Back of Former Resistance Providing Support
Markets

AUD/USD Resumes Higher on Back of Former Resistance Providing Support

DailyFX.com -

Daily

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-There is no change to AUD/USD comments, which continues to hold up. "Aussie weakness continues to hold the December high (former support providing resistance). Weakness below there is needed in order to suggest that behavior has changed. A floor from 2015 stretches up to the .7620s and should be watched for a response. I'd also pay attention to .7700 (just above), which was resistance throughout 2016."

original source

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

Learn forex trading with a free practice account and trading charts from IG .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

ForEx

Latest Markets Videos