AUDUSD Forecast June 1, 2016, Technical Analysis
The NZDUSD pair broke higher during the day on Tuesday, clearing the top of the hammer that formed on Monday.
The NZDUSD pair broke higher during the day on Tuesday, clearing the top of the hammer that formed on Monday.
The AUDUSD pair initially fell during the course of the day on Monday, but turned back around to form a hammer.
The Australian dollar initially tried to rally during the day on Wednesday, but turned around back around to form a bit of a shooting star.
The AUDUSD pair fell initially during the course of the day on Tuesday, but found enough support to turn things back around and form a hammer.
The AUDUSD pair went back and forth on Monday, as we continue to struggle with the 0.73 level.
AUDUSD continued its downward movement from 0.7834, and the fall extended to as low as 0.7175.
The AUDUSD pair initially fell during the course of the session on Wednesday but turned around to form a hammer.
The AUDUSD pair tried to rally during the day on Monday, and did manage to get above the 0.73 level, but could not hang onto the gains in the end.
AUDUSD’s downward movement from 0.7834 extended to as low as 0.7253.
The AUDUSD pair initially tried to rally during the day on Wednesday but found the area above the 0.75 level to be a little bit too rich.