AUDUSD W1 01-07
  • Aussie and kiwi technicals begin to crack again

There’s no love for the aussie as it breaks down to its lowest levels this year against the dollar. The fall below 0.6800 now is the lowest since June 2020 with scope for a further drop potentially. The next key technical targets are the trendline support (white line) at around 0.6767 and the 50.0 Fib retracement level at 0.6757.