AUD/USD Weekly Report

AUD/USD edged lower to 0.6893 last week but quickly recovered. Initial bias stays neutral this week first. Further fall is expected as long as 0.7012 resistance holds. Below 0.6893 will target 6864, and then 100% projection of 0.7277 to 0.6864 from 0.7237 at 0.6824. However, break of 0.7012 resistance will indicate short term bottoming, and […] The post AUD/USD Weekly Report appeared first on ActionForex.