AUDUSD Weekly Technical Analysis (6-10 July, 2015) | July 4, 2015

Audusd has made new low last week. 0.7550-0.7580 level was strong support area for this pair. We can see on daily and weekly chart, this pair has broken this support successfully. After retest on this broken level, this pair can fall again. So we can wait for little retest on this pair and then sell again to catch down fall on this pair. Retest area lies on 0.7560-0.7590 area.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 0.7816

Resistance One (R1): 0.766

Pivot Point: 0.7581

Support One (S1): 0.7425

Support Two (S2): 0.7346