Currently, AUD/USD is trading at 0.7149. The pair is trading in an up trend from some time in a channel pattern, price has just touched the and It may rebound back from here. The pair may touch its strong at 0.7334 if it breaks the . It may also touch its strong at 0.7032 if it breaks the .
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Rishikesh Lilawat has over seven years of experience in trading Forex and commodities markets, out of which three years in two investment banks as a professional Forex and commodities trader. He holds an M.B.A degree in finance and business analytics from the University of Pune. Realizing the central role of a trader and because of his personal and particular interest in trading, He built skills in market research, technical analysis, fundamental analysis, risk management, and fund management, etc and focus his efforts on communicating and sharing views on market trends and patterns.