AUDUSD Weekly Analysis - November 30, 2014

Long Term Forex Analysis | by ForexCycle.com | Sunday, 30 November 2014 06:16 UTC
AUDUSD's downward movement from 0.9504 extended to as low as 0.8479. Key resistance is at 0.8794, as long as this level holds, the downtrend could be expected to continue, and next target would be at 0.8000 area. Only break above 0.8794 resistance could signal completion of the downtrend.

audusd chart

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