AUD/USD’s up trend resumed last week by break through 0.7819 and hit as high as 0.7876. Initial bias stays on the upside this week for 61.8% projection of 0.6991 to 0.7819 from 0.7563 at 0.8075. We’d pay attention to the reaction to 0.8135 long term resistance. On the downside, break of 0.7730 support is needed
The post AUD/USD Weekly Outlook appeared first on Action Forex.
AUD/USD’s up trend resumed last week by break through 0.7819 and hit as high as 0.7876. Initial bias stays on the upside this week for 61.8% projection of 0.6991 to 0.7819 from 0.7563 at 0.8075. We’d pay attention to the reaction to 0.8135 long term resistance. On the downside, break of 0.7730 support is needed […]
The post AUD/USD Weekly Outlook appeared first on Action Forex.