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AUD/USD Cleared to Descend to 2016 Lows as Key Support Gives Way

September 07, 2018 at 08:19PM

Key support levels that kept AUD/USD afloat gave way, opening the door for Australian Dollar prices reach 2016 lows. Near-term support at 0.7088 while resistance a descending range.

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Author:
Daniel Dubrovsky https://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2018/09/07/AUDUSD-Cleared-to-Descend-to-2016-Lows-as-Key-Support-Gives-Way.html Selected by SYFX+

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