[m.youssif]

AUDUSD Forecast
The AUDUSD continued its bullish momentum yesterday after a strong break out above 1.0581 and hit another new historical high at 1.0770 earlier today in Asian session. The bias remains bullish in nearest term testing 1.0850 – 1.0900 new historical high projection. Immediate support at 1.0670. A clear break below that area would lead us to neutral zone in nearest term testing 1.0600 but overall the technical bias remains strongly to the upside.

[m.youssif]

AUDUSD Forecast
The AUDUSD continued its bullish momentum yesterday after a strong break out above 1.0581 and hit another new historical high at 1.0770 earlier today in Asian session. The bias remains bullish in nearest term testing 1.0850 – 1.0900 new historical high projection. Immediate support at 1.0670. A clear break below that area would lead us to neutral zone in nearest term testing 1.0600 but overall the technical bias remains strongly to the upside.