AUD

 

AUD/USD weekly range 0.7748 to 0.7655, 93 pips. Last week 0.7580 to 0.7487, 93 pips. Last week AUD saw lows at 0.7530 then broke 0.7580 and climbed to 0.7724.

Major break points 0.7498, 0.7577 and 0.7795, Current way overbought.

 

AUD/EUR. Weekly 86 pip  range from 0.7220 to 0.7134, as EUR/AUD 1.3850 to 1.4017. Last week 0.7210 to 0.7049 or 1.4185 to 1.3868. Overbought / oversold ? Neither

Major break points 0.7073, 0.7090 and 0.7092 = EUR/AUD 1.4138, 1.4104, 1.4100.Points to watch 0.7149 and 0.7151 or 1.3987 and 1.3984.

Brian Twomey

 

 

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