AUDUSD Weekly Forex Forecast – 19th to 23rd June 2017

Print Friendly

AUDUSD Weekly Forex Forecast – 19th to 23rd June 2017

The Aussie the same like all of the other commodity currencies has seen the most gains against the greenback during the past few weeks. The AUDUSD technical pattern looks strong and while we’re trading above the big psychological number 0.7500 there is a high change in the medium-term we can break to a new 2017 high.

Short-term we can see some more ranging activity as we’ve gone too fast in a very short period of time. We have an intraday support level between 0.7600 – 0.7580 zone where the downside can be held. On the upside, we have resistance at 0.7677 followed by March high 0.7748 which is also the yearly high price.

The Australian economic calendar will bring on Tuesday the RBA Meeting’s Minutes which will give traders more insights into the interest rate policy. Other than that there are no other major risk events that can distort the market volatility.


Thank you for your readership. We are truly grateful!

Hope that you like the strategies that we share.
If you like the strategies here, you will absolutely
love our latest strategy...

The MorningPips Trading System

The aim of Morningpips is to finish trading by the morning.
Simple as that... Check it out!


Previous AUDUSD Weekly Forex Forecast

AUDUSD Weekly Forex Forecast – 19th to 23rd June 2017




Learn and SHARE the Knowledge!
Click Here to Leave a Comment Below 0 comments

Download Our Sniper Trader Trend Following System

x