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IlyaSpivak

AUDUSD ready to resume decline?

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Dólar australiano/Dólar estadounidense (FX_IDC:AUDUSD)  
IlyaSpivak  
FX_IDC:AUDUSD   Dólar australiano/Dólar estadounidense
Trend Analysis Support and Resistance AUDUSD aud australiandollar aussiedollar aussie
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trendanalysis supportandresistance audusd aud australiandollar aussiedollar aussie
AUD/USD appears poised to break support at 0.7171, which may set the stage for a run at the 0.70 figure.

A daily close below support might serve as confirmation that December's corrective upswing has ended and the structural decline defining much of 2021 has resumed.

A dense block of congestion-area resistance runs up into 0.7343.

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