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Weekly forecast Australian Dollar / US Dollar technical chart
Symbol AUDUSD

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateJuly 25, 2015 - 13:04
Currentdowntrend
Forecastbeginning of uptrend

Midterm forecast:

  • The current trend is downtrend but the forecast is beginning of uptrend.

Technical analysis:

  • A peak is formed in daily chart at 0.7450 on 07/23/2015, so more losses to support(s) 0.7270, 0.7000, 0.6750 and more depths is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 29.

Supports and Resistances:

  1. 0.7625
  2. 0.7740
  3. 0.7805
  4. 0.7915
  5. 0.8065
  6. 0.8205
  7. 0.8320
  8. 0.8545
  9. 0.8740
  10. 0.8865
  11. 0.9035
  12. 0.9135
  13. 0.9280
  14. 0.9415
Click on the level to view price action history.