AUDUSD Weekly Forex Forecast - 26th to 30th June 2017

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

AUDUSD Weekly Forex Forecast – 26th to 30th June 2017

The AUDUSD has made a pause and is consolidating the gains made in the past few weeks. The trend remains to the upside and ultimately we should see another attempt to break higher. For the bullish trend to resume, we need a break above last week high 0.7635 which is the resistance level of the current price range. On the downside the first area of support came at 0.7435 last week low closely followed by the big round number 0.7500 which needs to hold the downside in order for the bullish trend to remain intact.

The stochastic indicator is already in overbought territory, so we should expect to see a retest of support early in the week to give it time for the stochastic indicator to reset. The Australian economic calendar looks mild with no major risk events scheduled. The only proxy risk event that can impact the AUDUSD exchange rate is the Chinese Manufacturing PMI data scheduled on Friday.

Previous AUDUSD Weekly Forex Forecast

AUDUSD Weekly Forex Forecast – 26th to 30th June 2017


Claim Your $60 No Deposit Bonus Here

All you need is to have your live account verified!
Of course, you need to open a live account...

2 Brokers that we like A LOT!
USD30 from each Forex Broker Below.
Both Forex Brokers have excellent rating!

Broker #1

Broker #2

We use both of these brokers and proudly promote them!

NOTE: Not all countries qualify for these bonuses. Terms and Condition Applies.

Other Analysis Today
Learn and SHARE the Knowledge!
Click Here to Leave a Comment Below 0 comments
Do NOT follow this link or you will be banned from the site!

The AllPips Trend Indicator

Trading is simple when the Trend is Your Friend.
Enter Your Details Below to Download FREE Now.

envelope-o
long-arrow-down