AUD/USD is trading near 32-month low as it is in a bear trend. AUD/USD is trading in the lower part of a bear channel as it consolidating the recent losses above the 0.7050 level. The RSI, MACD and Stochastics indicators are also constructive for a potential upside move. Targets for bulls can be located near 0.7144 (September 5 low) and if buyers have enough steam 0.7200 figure (August 15 low). AUD/USD 4-hour chart Spot rate: 0.7067 Relative change: 0.21% High: 0.7079 Low: 0.7041 Main trend: Bearish Resistance 1: 0.7085, September 11 low Resistance 2: 0.7144 September 5 low Resistance 3: 0.7200 figure August 15 low Support 1: 0.7000 figure Support 2: 0.6830 January 15, 2016 low Support 3: 0.6800 figure 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/MXN: Continues to oscillate around the 55 week moving average at 18.9826 – Commerzbank FX Street 4 years AUD/USD is trading near 32-month low as it is in a bear trend. AUD/USD is trading in the lower part of a bear channel as it consolidating the recent losses above the 0.7050 level. The RSI, MACD and Stochastics indicators are also constructive for a potential upside move. Targets for bulls can be located near 0.7144 (September 5 low) and if buyers have enough steam 0.7200 figure (August 15 low). AUD/USD 4-hour chart Spot rate: 0.7067 Relative change: 0.21% High: … 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.
