fxstreet.com 12 Feb, 2021 10:00 am

Next target is the 0.7820 January high – Commerzbank

Next target is the 0.7820 January high – Commerzbank
The AUD/USD pair is breaking higher from its consolidation pattern and sees next resistance at the 0.7820 January high, Karen Jones, Team Head FICC Te

7626 and key support is the 2020-2021 support line at 0.This zone is also reinforced by the 2020-2021 support line, currently near 90.5 on the 12-hour chart.A sell signal on the 12-hour chart may sabotage the upswing to $5 is validated.

00 The weekly decline in DXY decline appears to have met quite decent contention in the low-90.The AUD/USD pair is breaking higher from its consolidation pattern and sees next resistance at the 0.

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