FX | Australian Dollar Currency Index

FX | Australian Dollar Currency Index | The long term trajectory remains lower, with the price currently being rejected at the key 70 level, which previously served as the prior breakout zone (April 2009) and the prior support (September 2016 to February 2016). The current price action suggest that the weight of probabilities lean toward a test of the 2008/2009 Global Financial Crisis lows at 62c.