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AUD/USD could test 0.6800 if support breaks, Anton Kharitonov notes
A series of lower highs in AUD/USD point to the possibility of a break below the 0.6900 support level. Anton Kharitonov outlines that if this occurs, the currency pair could move toward 0.6800.
A return above the 0.7000–0.7020 range would increase the likelihood of testing the 0.7060–0.7080 area, according to the analysis shared by Kharitonov.
Kharitonov previously highlighted that EUR/GBP touched a strong support level after a decline, noting rebound potential if support holds. In another market update, he reported that silver reserves fell on the Shanghai and U.S. exchanges while China's imports reached an eight-year high. The analyst continues to monitor key technical and inventory developments across assets.
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