Forex - Chart AUD/USD Update: Corrective pressure weighs, but no follow-through below the .7200 level


 23:19 (GMT) 06 Dec

  [Forex Charts]

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Chart AUD/USD Update: Corrective pressure weighs, but no follow-through below the .7200 level (0101-GMTJ-C01)

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Asterisk denotes strength of level

23:10 GMT - Slightly exceeded the .7200 level ahead of bounce to leave a long tail at the .7192 low. However, a deeper pullback not ruled out to the .7164 support. Resistance now at .7260/80 area then the .7300 level. Would need to regain the latter to revive upside strength and clear the way for retest of the .7394 high.


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