AUD/USD Weekly Outlook

AUD/USD recovered to 0.7848 last week but failed to sustain above 0.7837 resistance and reversed. Initial bias remains neutral this week first and correction from 0.8006 could extend further. On the upside, above 0.7848 will bring retest of 0.8006 high. However, break of 0.7629 support will resume the fall from 0.8006. Firm break of 0.7563
The post AUD/USD Weekly Outlook appeared first on Action Forex.

AUD/USD recovered to 0.7848 last week but failed to sustain above 0.7837 resistance and reversed. Initial bias remains neutral this week first and correction from 0.8006 could extend further. On the upside, above 0.7848 will bring retest of 0.8006 high. However, break of 0.7629 support will resume the fall from 0.8006. Firm break of 0.7563 […]

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

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