AUD/USD: Failure to hold 0.6990 to result in continuation of downtrend towards 0.6770 – SocGen AUDUSD Banks
“An initial bounce is under way however signals of a meaningful up move are still not visible.”
“Failure to hold 0.6990 can result in continuation of downtrend towards next objectives at 0.6910 and 0.6770, the 50% retracement from 2020.” Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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