Australian dollar retreated from two weeks high

syamfx2020

Private
Messages
12
Australian dollar retreated from two weeks high 0.6560 to 0.6535 after the rumours about China expected to announce tariff on some Australian agriculture products.

The Important levels to watch for this week:

Support: 0.6490 and 0.6440 Resistance: 0.6575 and 0.66
audusd.PNG
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simmonjoshua

Recruit
Messages
4
Australian dollar is touching the 0.693 zone amid the upbeat data from china services PMI and Australian retail sales. Albeit the covid-19 cases are on the rise in Victoria. The gains are restricted i think. Does anyone has any idea or sense of the AUDUSD forecast? Please share.
 

syamfx2020

Private
Messages
12
Overall the currency pairs still remained bullish. We need to see a weekly close below 0.68 for further downside. For this week the important levels to watch 0.6985 and 0.6850.
 
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