AUD/USD reversed from resistance zone

AUD/USD reversed from resistance zone

  • AUD/USD reversed from resistance zone
  • Next sell target - 0.7640

 AUD/USD recently reversed down from the resistance zone lying between the resistance level 0.7800, upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse C from the middle of February.  AUD/USD is expected to fall toward the next sell target at the next support level 0.7640 (low of the previous intermediate ABC correction (2)).

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