A Quick Look at AUD

١٩ أكتوبر ٢٠٢٠

AUD has continued to find buoyancy among overall risk correlated trends. As we approach the end of the month we've seen little to no conviction at pushing AUDJPY or AUDUSD back towards recent highs. A break down below near-term excess implies and coincides with the potential squeeze higher on the USD. Thus giving more clarity and opportunity.



**AUDUSD LEVELS :**

**Resistance 72.52- 71.25**

**Inflection : 69.89**

**Support: 68.00**