AUDUSD continues fall in forex trading. 0.9000 level targeted

By CountingPips.com



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AUDUSD: The Aussie continued to decline last week for a third straight week and for the eighth out of the last nine weeks. Further decline will bring the pair to the 0.9000 major price level which could provide near-term support for the AUD/USD. Overhead resistance looks to be sitting at the 0.9150 — 0.9165 area before the 0.9250 resistance comes into play.




Written by Zac Storella, CountingPips Forex Blog & Currency Pair Technical Analysis