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AUDUSD Weekly Technical Analysis | December 27, 2014



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AUDUSD continued its bearish rally last week. It was a slow movement week. This pair is still on down pressure. It made new low in this year. So this pair is still on down side. We have to look for sell entry. It is better to take sell entry from every retracement. 0.8200 is good for sell entry. You can set target at 0.8045 for sell entry.



Weekly Pivot, Support and Resistance


Resistance Two (R2): 0.8209

Resistance One (R1): 0.8164

Pivot Point: 0.8127

Support One (S1): 0.8082

Support Two (S2): 0.8045


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