AUDUSD Weekly Technical Analysis (13-17 April, 2015) | April 11, 2015

Audusd is still holding its support area. Now we can see that this pair is facing near term resistance at .7730 area. On h4, we can see this pair is fighting with 200 ema. So this can be good resistance for this pair. If it can hold this resistance then we can see down continuation again towards 0.7500 area. If this pair can break this resistance then bullish rally can be accelerated and target will be 0.7800 area.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 0.7938

Resistance One (R1): 0.7692

Pivot Point: 0.7560

Support One (S1): 0.7314

Support Two (S2): 0.7182