AUDUSD Weekly Analysis - July 19, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 19 July 2015 07:45 UTC
AUDUSD remains in downtrend from 0.8162, and the fall extended to as low as 0.7349. Near term resistance is at 0.7500, as long as this level holds, the downtrend could be expected to continue, and next target would be at 0.7000 area. Key resistance is at 0.7600, only break above this level could bring price back to 0.8000 zone.

audusd chart

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