AUDUSD Faces Recovery Threats On Lower Price Rejection
3 September 2019, 16:59
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AUDUSD faces recovery threats on lower price rejection ahead of its key support. On the upside, resistance lies at the 1.6750 level. A
cut through here will turn focus to the 0.6800 level and then the 0.6900 level where a violation will set the stage for a retarget
of the 0.6850 level. Support lies at the 0.6700 level where a breach will aim at the 0.6650 level. Below here will open the door
for a run at the 0.6600 level and then the 0.6550 level. On the whole, AUDUSD faces further upside threats on recovery.
![](https://c.mql5.com/6/841/AUDUSDDaily.png)