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  1. #1
    Legendry Member milos's Avatar

    AUD/USD downward this week. !!!

    Put option below 0.72 with targets 0.71 and 0.70 in extension.

  2. #2
    Legendry Member milos's Avatar
    RBA said low interest rates are supporting household spending and a weaker exchange rate is aiding local firms. It kept rates at a record low 2% for a seventh month.

    House price index in Australia grew in the last quarter by 2.0% after rising 4.7% in the previous quarter.It was in line with expectations of economists.

    Below 0.72 look for further downside with 0.7155 and 0.7130 as targets.

    Supports and resistances levels
    0.7335 resistance
    0.7310 resistance
    0.7280 resistance
    0.7249 last
    0.7190 support
    0.7155 support
    0.7130 support

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