AUD/USD Weekly Outlook

AUD/USD’s up trend continued last week and reached as high as 0.7639, matched 0.7635 key long term fibonacci level. As a temporary top was formed, initial bias is neutral this week for some consolidations first. On the upside, sustained break of 0.7639 will carry larger bullish implications. Next target will be 61.8% projection of 0.5506
The post AUD/USD Weekly Outlook appeared first on Action Forex.

AUD/USD’s up trend continued last week and reached as high as 0.7639, matched 0.7635 key long term fibonacci level. As a temporary top was formed, initial bias is neutral this week for some consolidations first. On the upside, sustained break of 0.7639 will carry larger bullish implications. Next target will be 61.8% projection of 0.5506 […]

The post AUD/USD Weekly Outlook appeared first on Action Forex.