Weekly AUDUSD Technical Analysis and Forecast - Forex - Forecast City

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Weekly forecast		Australian Dollar / US Dollar technical chart
Symbol	AUDUSD	Download MT4 template file Trading suggestion: By appearing primary signs of entering the market, new entry zone and short-term targets would be published.
Date	June 13, 2020 - 20:50
Current	uptrend
Forecast	continuation of uptrend
Midterm forecast: While the price is above the support 0.66650, continuation of uptrend is expected. We make sure when the resistance at 0.70300 breaks. If the support at 0.66650 is broken, the short-term forecast -continuation of uptrend- will be invalid. Technical analysis: While the RSI support #1 at 51 is not broken, the probability of price decrease would be too low. A peak is formed in daily chart at 0.7060 on 06/10/2020, so more losses to support(s) 0.6845 and minimum to Major Support (0.6665) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 60. Supports and Resistances: 0.8135 Resistance on 01/26/2018 Peak on 01/26/2018 Resistance on 05/14/2015 Resistance on 05/13/2015 Resistance on 01/22/2015 Support on 01/15/2015 Support on 01/14/2015 Support on 01/13/2015 Support on 01/12/2015 Resistance on 01/08/2015 Support on 05/25/2010 Support on 05/21/2010 Support on 05/20/2010 Support on 08/17/2009 Support on 07/30/2009 Support on 07/29/2009 Support on 07/27/2009 Resistance on 06/30/2009 Resistance on 06/19/2009 Resistance on 06/10/2009 Resistance on 06/05/2009 Resistance on 06/01/2009 Resistance on 09/10/2008 Support on 09/08/2008 Support on 09/05/2008 Support on 09/04/2008 0.7805 Resistance on 04/19/2018 Resistance on 04/13/2018 Resistance on 03/16/2018 Support on 03/07/2018 Support on 02/23/2018 Support on 02/14/2018 Support on 02/12/2018 Support on 01/10/2018 Support on 01/09/2018 Resistance on 12/28/2017 Resistance on 10/24/2017 Support on 10/23/2017 Support on 10/20/2017 Resistance on 10/11/2017 Support on 10/03/2017 Support on 10/02/2017 Support on 09/28/2017 Support on 08/15/2017 Resistance on 04/21/2016 Resistance on 06/22/2015 Resistance on 06/19/2015 Resistance on 06/18/2015 Resistance on 06/03/2015 Support on 05/25/2015 Support on 05/22/2015 Support on 05/05/2015 Support on 05/04/2015 Support on 05/01/2015 Support on 04/27/2015 Resistance on 04/22/2015 Resistance on 04/17/2015 Resistance on 04/16/2015 Resistance on 03/20/2015 Resistance on 03/19/2015 Resistance on 03/18/2015 Resistance on 03/06/2015 Support on 03/04/2015 Resistance on 02/11/2015 Resistance on 02/10/2015 Resistance on 02/09/2015 Resistance on 02/06/2015 Resistance on 02/05/2015 Resistance on 02/04/2015 Resistance on 02/03/2015 Resistance on 02/02/2015 Resistance on 01/30/2015 0.7675 Resistance on 06/07/2018 Resistance on 06/06/2018 Peak on 06/06/2018 Resistance on 04/23/2018 Support on 04/09/2018 Support on 04/06/2018 Support on 04/05/2018 Support on 04/04/2018 Support on 03/30/2018 Support on 03/27/2018 Support on 03/21/2018 Support on 03/20/2018 Resistance on 12/20/2017 Resistance on 12/19/2017 Resistance on 12/18/2017 Resistance on 12/15/2017 Resistance on 12/14/2017 Support on 11/09/2017 Support on 07/13/2017 Resistance on 07/04/2017 Resistance on 03/30/2017 Resistance on 03/29/2017 Resistance on 03/23/2017 Support on 03/21/2017 Resistance on 02/28/2017 Resistance on 02/14/2017 Resistance on 02/13/2017 Resistance on 02/10/2017 Resistance on 02/07/2017 Resistance on 02/02/2017 Support on 11/07/2016 Resistance on 11/02/2016 Resistance on 11/01/2016 Resistance on 10/26/2016 Resistance on 10/18/2016 Resistance on 10/04/2016 Resistance on 10/03/2016 Resistance on 09/30/2016 Resistance on 09/27/2016 Resistance on 09/22/2016 Resistance on 09/08/2016 Resistance on 08/26/2016 Resistance on 08/15/2016 Resistance on 08/09/2016 Resistance on 08/08/2016 Resistance on 07/15/2016 Resistance on 05/03/2016 Resistance on 05/02/2016 Resistance on 04/04/2016 Resistance on 03/31/2016 Resistance on 03/30/2016 Resistance on 03/18/2016 0.7395 Resistance on 12/04/2018 Resistance on 12/03/2018 Support on 08/08/2018 Support on 08/01/2018 Support on 07/31/2018 Support on 07/30/2018 Support on 07/25/2018 Support on 07/13/2018 Resistance on 07/05/2018 Resistance on 07/04/2018 Resistance on 07/03/2018 Resistance on 06/27/2018 Support on 06/25/2018 Resistance on 05/12/2017 Resistance on 05/10/2017 Resistance on 05/09/2017 Support on 05/05/2017 Support on 05/04/2017 Support on 12/14/2016 Support on 12/02/2016 Support on 11/25/2016 Support on 11/17/2016 Support on 07/06/2016 Resistance on 06/28/2016 Support on 06/24/2016 Resistance on 06/14/2016 Resistance on 06/13/2016 Support on 03/07/2016 Resistance on 08/18/2015 Resistance on 08/17/2015 0.7200 Resistance on 04/18/2019 Resistance on 04/17/2019 Resistance on 02/27/2019 Resistance on 02/26/2019 Resistance on 02/21/2019 Resistance on 01/28/2019 Resistance on 01/18/2019 Resistance on 01/17/2019 Resistance on 01/16/2019 Resistance on 01/15/2019 Resistance on 01/10/2019 Resistance on 01/09/2019 Resistance on 12/19/2018 Support on 12/12/2018 Support on 12/07/2018 Support on 12/06/2018 Support on 11/27/2018 Support on 11/21/2018 Support on 11/14/2018 Support on 11/06/2018 Resistance on 11/02/2018 Resistance on 11/01/2018 Resistance on 10/03/2018 Support on 10/01/2018 Support on 09/28/2018 Support on 09/27/2018 Support on 09/19/2018 Resistance on 09/17/2018 Resistance on 09/14/2018 Resistance on 09/13/2018 Resistance on 09/07/2018 Support on 08/15/2018 Trough on 08/15/2018 0.6845 Support on 06/11/2020 Support on 01/09/2020 Support on 01/08/2020 Support on 12/19/2019 Support on 12/18/2019 Support on 12/17/2019 Resistance on 12/06/2019 Resistance on 11/14/2019 Support on 11/11/2019 Support on 11/08/2019 Support on 10/30/2019 Resistance on 10/28/2019 Support on 09/17/2019 Resistance on 09/06/2019 Resistance on 08/01/2019 Support on 06/18/2019 Support on 06/17/2019 Support on 01/03/2019 Support on 01/20/2016 Support on 01/19/2016 Support on 01/15/2016 Support on 04/01/2009 Support on 03/27/2009 Support on 03/20/2009 Resistance on 02/09/2009 Resistance on 01/19/2009 Support on 12/31/2008 Support on 12/30/2008 Support on 12/29/2008 Resistance on 12/24/2008 Resistance on 12/23/2008 Resistance on 12/22/2008 Support on 12/18/2008 Support on 12/17/2008 Resistance on 11/06/2008 Resistance on 11/03/2008 Resistance on 10/30/2008 Resistance on 10/22/2008 Support on 10/20/2008 Support on 10/17/2008 0.6555 Support on 05/21/2020 Resistance on 05/19/2020 Resistance on 05/11/2020 Resistance on 04/29/2020 Support on 03/09/2020 0.6440 Support on 05/14/2020 Support on 05/13/2020 Support on 05/12/2020 Resistance on 05/06/2020 Support on 04/28/2020 0.6265 Support on 04/21/2020 Support on 04/16/2020 0.6105 Support on 04/08/2020 Resistance on 04/06/2020 Resistance on 04/02/2020 0.5975 Support on 04/06/2020 Support on 04/03/2020 Resistance on 03/25/2020 Resistance on 03/24/2020 Resistance on 03/20/2020 Resistance on 03/19/2020 Support on 03/17/2020 Support on 10/27/2008 0.5510 Support on 03/19/2020 Trough on 03/19/2020 Click on the level to view price action history.

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