AUDUSD Weekly Analysis - May 8, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 08 May 2016 13:39 UTC
AUDUSD broke below 0.7450 support, indicating that the upward movement from 0.6826 had completed at 0.7834 already. Further decline could be expected over the next several weeks, and next target would be at 0.7000 area.

audusd chart

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