AUDUSD Weekly Technical Analysis (23-27 March,2015) | March 21, 2015

Audusd is staying below its resistance area. This level is very critical for this pair. This pair is now on bullish momentum. So if it can break this level, then we can expect more bullish movement on next coming days. So it is important to wait for breakout of this level. If it can holds this level, then we can get bearish rally again on audusd. We saw bullish movement after FOMC. Last friday, we also saw bullish movement. So we can get wait for buy entry from recent support area.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 0.7988

Resistance One (R1): 0.7879

Pivot Point: 0.7734

Support One (S1): 0.7625

Support Two (S2): 0.7480