AUDUSD Weekly Technical Analysis (15-19 June,2015) | June 13, 2015

Audusd is staying below resistance level. This pair has been rejected several times by 200 and 100 moving average. So this 200 and 100 EMA is acting as good resistance for this pair. Below this moving average we can expect downward rally on this pair. 0.7790 level is good area for sell on this pair. Target 100-150 pips. There is horizontal resistance on this level.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 0.7895

Resistance One (R1): 0.7809

Pivot Point: 0.7705

Support One (S1): 0.7619

Support Two (S2): 0.7515