AUDUSD Weekly Analysis - June 28, 2014

Long Term Forex Analysis | by ForexCycle.com | Saturday, 28 June 2014 13:55 UTC
AUDUSD is testing 0.9461 resistance, a break above this level will signal resumption of the uptrend from 0.8660, then next target would be at 0.9550 - 0.9600 area. Key support is at 0.9202, only break below this level will indicate that the uptrend had completed at 0.9461 already, then the following downward movement could bring price back to 0.8000 area.

audusd chart

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