Trade concerns and slumping metals prices are driving the Aussie lower against the Greenback. The AUD’s bullish correction has ended and the pair is now heading to make a new low for 2018. Daily candles show the pair swinging away from a new lower high. AUD/USD Chart, 15-Minute Spot rate: 0.7366 Relative change: Negligible High: 0.7369 Low: 0.7359 Trend: Bearish Support 1: 0.7359 (current day low) Support 2: 0.7309 (2018 low) Support 3: 0.7233 (S3 daily pivot) Resistance 1: 0.7429 (61.8% Fibo retracement level) Resistance 2: 0.7472 (July 10th swing high) Resistance 3: 0.7483 (current week high) 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 Technical Analysis: price holding above the bearish triangle’s resistance FX Street 4 years Trade concerns and slumping metals prices are driving the Aussie lower against the Greenback. The AUD's bullish correction has ended and the pair is now heading to make a new low for 2018. Daily candles show the pair swinging away from a new lower high. AUD/USD Chart, 15-Minute Spot rate: 0.7366 Relative change: Negligible High: 0.7369 Low: 0.7359 Trend: Bearish Support 1: 0.7359 (current day low) Support 2: 0.7309 (2018 low) Support 3: 0.7233 (S3 daily pivot) Resistance 1: 0.7429 (61.8% Fibo retracement level) Resistance… 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.
