Strategists at TD Securities remark that the AUD/USD pair has found support at the 0.7140 today and is now trading at 0.7175, up 0.20% on the day. The aussie should see a test of the 0.7243 18-month high amid USD weakness. Key quotes “We note that AUD/USD found good support at a trendline that intersects at 0.7140 today.” “While we remain biased toward a weaker USD overall, a further pullback would first see a test of the 0.7120 pivot, while good support should be seen in the 0.7065/7080 zone.” “If the upside does get traction once again, the post-crash, 18-month high at 0.7243 as forms the most obvious objective.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next S&P 500 Index opens higher supported by rising energy shares FX Street 2 years Strategists at TD Securities remark that the AUD/USD pair has found support at the 0.7140 today and is now trading at 0.7175, up 0.20% on the day. The aussie should see a test of the 0.7243 18-month high amid USD weakness. Key quotes “We note that AUD/USD found good support at a trendline that intersects at 0.7140 today.” “While we remain biased toward a weaker USD overall, a further pullback would first see a test of the 0.7120 pivot, while good support should be seen in the 0.7065/7080 zone.” “If the upside does get traction once again, the post-crash, 18-month… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
