AUD/USD Weekly Outlook

AUD/USD recovered ahead of 0.7005 last week but upside was limited well below 0.7243 resistance so far. Initial bias stays neutral this week first and further fall is mildly in favor with 0.7243 resistance intact. On the downside, break of 0.7005 will resume the corrective fall from 0.7413, and target 38.2% retracement of 0.5506 to
The post AUD/USD Weekly Outlook appeared first on Action Forex.

AUD/USD recovered ahead of 0.7005 last week but upside was limited well below 0.7243 resistance so far. Initial bias stays neutral this week first and further fall is mildly in favor with 0.7243 resistance intact. On the downside, break of 0.7005 will resume the corrective fall from 0.7413, and target 38.2% retracement of 0.5506 to […]

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

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