Barclays: AUD/USD bearish target at 0.7100 – eFXnews

FXStreet (Barcelona) - The eFXnews Team notes the technical strategy team at Barclays maintains a bearish view on AUD/USD, targeting 0.7100 area.

Key Quotes

“Failure to close above resistance in the 0.7820 area helps keep us bearish for now. We are looking for a move lower towards targets near 0.7600 and then the 0.7530 year-to-date lows. Further out, we are targeting the 0.7100 area.”

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