[m.youssif]

AUDUSD Forecast
The AUDUSD continued its bearish correction yesterday and now seems ready to test 1.0770 as you can see on my daily chart below. A clear break below 1.0770 could continue the bearish correction testing 1.0581. Immediate resistance at 1.0865 (current high). A clear break above that area would lead us to neutral zone in nearest term testing 1.0930 and keep the major bullish scenario remains strong.

[m.youssif]

AUDUSD Forecast
The AUDUSD continued its bearish correction yesterday and now seems ready to test 1.0770 as you can see on my daily chart below. A clear break below 1.0770 could continue the bearish correction testing 1.0581. Immediate resistance at 1.0865 (current high). A clear break above that area would lead us to neutral zone in nearest term testing 1.0930 and keep the major bullish scenario remains strong.