AUD/USD holds recovery gains near 0.6400
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AUD/USD failed to hold above 0.6400 and is approaching September lows around 0.6355. The AUD/USD outlook right now is bearish.
On the 4-hour chart, the trend is bearish and a new low is possible when trading below 0.6425. The next level of support can be found at 0.6365, with the final level of defense before the September low at 0.6355. A break lower could trigger an acceleration, initially targeting 0.6345 and then the next strong support zone at 0.6305.
Support levels: 0.6365 0.6345 0.6305
Resistance: 0.6420 0.6445 0.6475
AUD/USD failed to hold above 0.6400 and is approaching September lows around 0.6355. The AUD/USD outlook right now is bearish.
On the 4-hour chart, the trend is bearish and a new low is possible when trading below 0.6425. The next level of support can be found at 0.6365, with the final level of defense before the September low at 0.6355. A break lower could trigger an acceleration, initially targeting 0.6345 and then the next strong support zone at 0.6305.
Support levels: 0.6365 0.6345 0.6305
Resistance: 0.6420 0.6445 0.6475
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Note
Note
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Related publications
Disclaimer
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.