AUDUSD failure to establish itself above 0.7 during last week signals that downside risk has increased. Key level is seen around 0.687 and is likely to price break this level during next week. If price breaches 0.687, AUDUSD is likely to move toward 0.66 by the end of this quarter.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.