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AUD/USD 1st Support At 7650/45

Published 02/23/2017, 05:33 AM
Updated 07/09/2023, 06:31 AM

AUD/USD Weekly Chart

AUD/USD first support at 7650/45 but try to sell a break lower to target more important support at 7600/7595. Try longs with stops below 7570. Be ready to sell a break below 7570 again targeting 7560/55 and 7515/05.

Holding strong support at 7650/45 re-targets 7680/90 and 7710/14 before resistance at last week's high of 7730/32. A break above 7740/44 this week targets 7760/65 then strong 1 year trend line resistance at 7800/7810. Try shorts with stops above 7845.

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