[m.youssif]

AUDUSD Forecast
The AUDUSD attempted to push lower yesterday but found a good intraday support around 1.0310 – 1.0270 and now testing 1.0370 resistance area. A clear break above 1.0370 would continue the bullish momentum testing 1.0400 – 1.0500. On the downside, a clear break below 1.0270 would lead us to neutral zone in nearest term but as long as price moves above 1.0200 the bullish scenario should remain strong.

[m.youssif]

AUDUSD Forecast
The AUDUSD attempted to push lower yesterday but found a good intraday support around 1.0310 – 1.0270 and now testing 1.0370 resistance area. A clear break above 1.0370 would continue the bullish momentum testing 1.0400 – 1.0500. On the downside, a clear break below 1.0270 would lead us to neutral zone in nearest term but as long as price moves above 1.0200 the bullish scenario should remain strong.