AUD/USD Technical Analysis

(0,9487) The AUSSIE confirmed a weak closing also last night suggesting we could have a top at 0,9666 suggesting lower levels for the coming days. The drop we saw yesterday found however support above the right should, (0,9429) of the S_H_S formation we suggested some day’s ago. An hourly closing above 0,9516 will confirm a double bottom supporting a resumption of the move up and confirming a positive reversal suggesting a possible target at 0,9775!!

Read the full report: AUDUSD 06.19

 

Future Trend