Hi Traders, watching price levels on the AUDUSD daily and 4-hour charts.
Price has rallied back to the 0.6800 level.
0.6826-36 the weekly resistance level and 79% fib retracement level.
Watching for a downtrend continuation pattern to form during the trading week ahead.
Disclaimer: Trading involves risk.
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Foreign exchange and derivatives trading carries significant risk and is not suitable for all investors. You do not own, or have any interest in, the underlying assets.
Before you decide to trade foreign exchange and derivatives, we encourage you to consider your investment objectives, your risk tolerance and trading experience.
ACY Securities Pty Ltd (AFSL: 403863) provides general advice that does not consider your objectives, financial situation or needs. You should consider if you are part of our Target Market by reviewing our TMD and read our FSG and PDS to ensure you fully understand the risks. The content of this presentation must not be construed as personal advice and the information in this presentation is prepared without considering your objectives, financial situation or needs; please seek advice from an independent financial or tax advisor if you have any questions.
ACY Securities Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC AFSL:403863). Registered address: ACY Tower, Level 18, 799 Pacific Hwy, Chatswood NSW 2067. AFSL authorised us to provide financial services to Australian Residents or Businesses.
© 2018 - 2023 ACY Securities is a brand name of ACY AU and ACY LTD, ACY Securities Pty Ltd. All rights Reserved.
Price has rallied back to the 0.6800 level.
0.6826-36 the weekly resistance level and 79% fib retracement level.
Watching for a downtrend continuation pattern to form during the trading week ahead.
Disclaimer: Trading involves risk.
Register Here for Duncan's Free Webinars:
https://acy.com/en/education/webinars
Catch up with the latest news and market analysis here https://acy.com/en/market-news
Get in touch today:
Web: https://www.acy.com
Twitter: https://twitter.com/ACY_Securities
Facebook: https://www.facebook.com/acy.securities/
#acysecurities #audusd #forexanalysis
@ACYSecuritiesAustralia
Foreign exchange and derivatives trading carries significant risk and is not suitable for all investors. You do not own, or have any interest in, the underlying assets.
Before you decide to trade foreign exchange and derivatives, we encourage you to consider your investment objectives, your risk tolerance and trading experience.
ACY Securities Pty Ltd (AFSL: 403863) provides general advice that does not consider your objectives, financial situation or needs. You should consider if you are part of our Target Market by reviewing our TMD and read our FSG and PDS to ensure you fully understand the risks. The content of this presentation must not be construed as personal advice and the information in this presentation is prepared without considering your objectives, financial situation or needs; please seek advice from an independent financial or tax advisor if you have any questions.
ACY Securities Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC AFSL:403863). Registered address: ACY Tower, Level 18, 799 Pacific Hwy, Chatswood NSW 2067. AFSL authorised us to provide financial services to Australian Residents or Businesses.
© 2018 - 2023 ACY Securities is a brand name of ACY AU and ACY LTD, ACY Securities Pty Ltd. All rights Reserved.
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