AUD/USD has breached a key rising trendline support, signaling the corrective rally from the recent low of 0.7310 has ended. The worsening US-China trade tensions could keep AUD under pressure. Hourly chart Spot Rate: 0.7425 Daily High: 0.7459 Daily Low: 0.7407 Trend: Bearish Resistance R1: 0.7484 (July 10 high) R2: 0.7494 (50% Fib R of June 6 high – July 2 low) R3: 0.7537 (61.8% Fib R of June 6 high – July 2 low) Support S1: 0.7403 (descending 20-day moving average) S2: 0.7361 (July 5 low) S3: 0.7310 (July 2 low) 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 China will consider counter measures: PBOC adviser FX Street 4 years AUD/USD has breached a key rising trendline support, signaling the corrective rally from the recent low of 0.7310 has ended. The worsening US-China trade tensions could keep AUD under pressure. Hourly chart Spot Rate: 0.7425 Daily High: 0.7459 Daily Low: 0.7407 Trend: Bearish Resistance R1: 0.7484 (July 10 high) R2: 0.7494 (50% Fib R of June 6 high - July 2 low) R3: 0.7537 (61.8% Fib R of June 6 high - July 2 low) Support S1: 0.7403 (descending 20-day moving average) S2: 0.7361 (July 5 low) S3: 0.7310 (July 2 low) 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.
