Tuesday 11 July 2017

AUDUSD Daily Analysis – July 12, 2017 Forex Analysis

AUDUSD broke above 0.7640 resistance, indicating that the downward movement from 0.7712 had completed at 0.7571 already. Further rally to test 0.7712 resistance could be expected in a couple of days. Support is at 0.7571, only a breakdown below this level could trigger another fall towards 0.7500.

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