The AUDUSD pair is trading above the daily support level of 0.7385. As long as the pair remains stable above 0.7385 on a daily basis, we think we think the AUD may gain more value against the greenback and we will follow resistance levels at 0.7399 and 0.7421. On the other hand, if the pair falls below 0.7385, the next support level will be at 0.7255.
12 May 17 (Fri)
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