Today's focus is on the Aussie Dollar as we look at the fundamental calendar data report from Australia to release throughout the week. Following a steep decline in prices on most major pairs against the greenback, this AUDUSD pair had found support at 0.72650 level, which is also a fib extension of 1.272 of the previous swing low (as shown in the comments below). I've highlighted key levels on the chart as supply zone. If AUD/USD were to rally back topside, it would likely retrace to those levels.
Happy Trading, folks!
Cheers!
Happy Trading, folks!
Cheers!
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