AUDUSD: At a Key Level .8000
The Aussie dollar certainly has been making headlines over the last few weeks as it hovers near previous key levels. Key levels are price points where price action has found support or resistance, and usually we will find tradeable opportunities around these prices as they capture the attention of traders in that marketplace.
In this article, the level of 0.8000 on AUDUSD is of particular interest to Graeme Kennerley. Is AUDUSD likely to trend higher or lower? Can the momentum in AUD also be backed up by another pair, perhaps AUDNZD?
Continue reading Graeme’s article to find out what he thinks about the Aussie dollar.
Regards,
The TWP Team
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