Technical analysis of AUD/USD for August 03, 2020

Overview: Pivot : 0.7100. The AUD/USD pair broke resistance, which turned into strong support at 0.7048 last week. First minor support sets at the price of 0.7100. The pair is trading above this level. It is likely to trade in a higher range as long as it remains above the support (0.7048), which is expected […]