AUDUSD Forecast May 26, 2015, Technical Analysis
The AUDUSD pair did nothing during the session on Monday, as we found support at the 0.78 handle.
The AUDUSD pair did nothing during the session on Monday, as we found support at the 0.78 handle.
The AUDUSD pair broke down during the course of the session on Wednesday, testing the 0.79 handle.
The AUDUSD pair broke down during the course of the session on Friday, clearing the bottom of the shooting star that had formed on Thursday.
After touching 0.7912 resistance, AUDUSD pulled back into the trading range between 0.7560 and 0.7912, indicating that the pair remains
The AUD/USD pair fell during the course of the session on Tuesday, as we continue to meander around the 0.7750 handle.
The AUDUSD pair gapped lower at the open on Monday, but then turned back around to rally and form a bit of a shooting star as some of the gains were given back.
The AUDUSD pair tried to break out to the upside on Friday, but then turned back around at roughly 0.79 to form a bit of a shooting star.
The AUDUSD pair fell slightly during the session on Monday, but as you can see really didn’t go anywhere.
The AUDUSD pair rose during the course of the session on Wednesday, but gave back a little bit of the gains as you can see.
AUDUSD broke above 0.8214 resistance, indicating that consolidation of the downtrend from 0.8910 (Oct 29, 2014 high) is underway.