AUD/USD extending losses as the DXY rallies 0.33% in Tokyo. The 127.2% Fibo ext. is located at 0.6760. AUD/USD has broken the 0.6832 lows and bears can now target the 127.2% Fibo ext. at 0.6760 ahead of the 0.6738 January 2019 low and 0.6725, the 2016-2019 support line. A Fibo retracement opens the 23.6% in the 0.6880s. “Rallies will find initial resistance at 0.6953 55 day ma ahead of very tough band of resistance, namely .7060/84. This is the location of the 200 day ma and the 8-month downtrend,” analysts at Commerzbank said. 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 USD/CAD on the bids near multi-week top amid broad greenback strength FX Street 4 years AUD/USD extending losses as the DXY rallies 0.33% in Tokyo. The 127.2% Fibo ext. is located at 0.6760. AUD/USD has broken the 0.6832 lows and bears can now target the 127.2% Fibo ext. at 0.6760 ahead of the 0.6738 January 2019 low and 0.6725, the 2016-2019 support line. A Fibo retracement opens the 23.6% in the 0.6880s. "Rallies will find initial resistance at 0.6953 55 day ma ahead of very tough band of resistance, namely .7060/84. This is the location of the 200 day ma and the 8-month downtrend," analysts at Commerzbank said. Regulated 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.
