Technical Analysis for AUD

The pair fell sharply yesterday, and extends the fall with the start of today's session, to acquire all of our downside targets and approaching 0.9000 previous key support, and bottom of the sideways range. A break below this support is needed now to confirm another leg lower.

Support: 0.9040, 0.9000, 0.8975, 0.8950, 0.8900
Resistance: 0.9075, 0.9130, 0.9190, 0.9250, 0.9300

Recommendation Neutral

IMOH, Clement I.
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