Australian dollar AUD-USD weekly technical analysis
Australian dollar AUD-USD weekly technical analysis
Australian Dollar: Inside a major descending channel and rebounds downwards from the upper leg of the channel, which represents important price resistance in conjunction from the 117.00 Fibonacci level. We expect prices to drop to the 0.7170 support, which with a break with a signal of a sell-off on the MACD indicator. . Traders are advised to maintain a suitable stop loss