AUDUSD Weekly Analysis - May 15, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 15 May 2016 09:55 UTC
AUDUSD's downward movement from 0.7834 extended to as low as 0.7253. Near term resistance is at 0.7450, as long as this level holds, the downtrend could be expected to continue, and next target would be at 0.7000 area.

audusd chart

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