- Aussie closes weekend gap, but rolls back over into bearish territory.
- Data-thin Monday sees broad-market concerns controlling sentiment direction.
- Failure to hold at 0.7270 will see an extended slide.
|Support 1:||0.7269 (current low; major technical bottom)|
|Support 2:||0.7191 (technical bottom, 2017)|
|Support 3:||0.7158 (S3 daily pivot)|
|Resistance 1:||0.7340 (38.2% Fibo retracement level)|
|Resistance 2:||0.7382 (August 8th swing low)|
|Resistance 3:||0.7455 (previous week high)|
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. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.