AUDUSD Weekly Analysis (29 June - 3 July, 2015) | June 27, 2015

Audusd has rejected from 200 and 100 ema on h4 time frame. It has also broken trendline as we can see on the chart. Now this pair can take little retrace. We should wait for retrace and then we can find sell entry with the retest of the trend line. It can be good logical entry from the retest of the broken trendline. 0.7700 area is near term sell zone for this pair.


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Weekly Pivot, Support and Resistance

Resistance Two (R2): 0.786

Resistance One (R1): 0.7759

Pivot Point: 0.7694

Support One (S1): 0.7593

Support Two (S2): 0.7528