AUDUSD ready to resume decline?
AUD/USD appears poised to break support at 0.7171, which may set the stage for a run at the 0.70 figure.
A daily close below support might serve as confirmation that December's corrective upswing has ended and the structural decline defining much of 2021 has resumed.
A dense block of congestion-area resistance runs up into 0.7343.
A daily close below support might serve as confirmation that December's corrective upswing has ended and the structural decline defining much of 2021 has resumed.
A dense block of congestion-area resistance runs up into 0.7343.
