The AUD / USD currency pair, after a long day of downward movement, managed to find a fulcrum in the form of a range level of 0.7770, where there is also a copulation of Fibo levels. Now, we see the process of forming a correction. It is possible to assume that the process of correction formation will continue, the pair was excessively overheated, running at 350 points without any significant kickbacks. Now, we are considering the move to 0.7900, where the accumulation of Fibo levels is located.
Key Levels
Resistance - 0.7900 *; 0.8000; 0.8110
Support 0.7700; 0.7500
Attention: Forecasts are not a direct guide to action!