AUD/USD still looks vulnerable At time of writing, AUD/USD is - TopicsExpress

AUD/USD still looks vulnerable At time of writing, AUD/USD is trading at the 0.9505/10 zone, still down 0.4% on the day. From a technical view, Valeria Bednarik, chief analyst at FXstreet, recently commented that technical readings present a strong bearish tone in 4-hour chart, supporting a stronger downward continuation on a break below 0.9420 support. Bednarik locates supports at 0.9420, 0.9380 and 0.9345, while she sees resistances at 0.9510, 0.9560 and 0.9600.

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