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AUDUSD Morning Analysis | 5 July 2017

2017-07-05 07:37 am | Resource: | No Views : 155


The AUDUSD pair retraced after testing a long term down trend on daily chart, and now it’s facing a support area at (0.7595).
In case of breaking this support level the next important station would be (0.7535) and then (0.7473).
In case of current support proved its strength the upcoming resistance level would be (0.7666).
Estimated trading range for AUDUSD is (0.7640) for resistance and (0.7577) for support.
Current trend: Bullish.

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