Wednesday, May 18, 2016

AUD/USD

Summary :
Target Level : 0.7418
Target Period : 3 days

Analysis :
Falling Wedge has broken through the resistance line at 17-May-04:00 2016 GMT. Possible bullish price movement forecast for the next 3 days towards 0.742.

Supporting Indicators :
RSI below 40

Resistance Levels :
( B ) 0.7399Last resistance turning point of Falling Wedge.

Support Levels
( A ) 0.7254Last support turning point of Falling Wedge.