Intraday Analysis from FXMarketAlerts.com
Receive FREE Weekly Strategies.Published at 13:56 (GMT) 06 Jul
06 Jul AUD/USD Daily
13:50 GMT - AUD profit-taking has pushed the mkt lower to challenge key support at 1.0220. It must hold this level through the NY close to keep its rally off the late Jun low alive and capable of a new burst towards 1.0370. Failure to hold 1.0220 would damage the trend and have scope to 1.0126 by Mon. MV
R5: 1.0500 figure
R4: 1.0474 27 Apr high
R3: 1.0369 * 61.8% Feb-Jun
R2: 1.0328 05 Jul high
R1: 1.0284 02 May low
S1: 1.0220 * intraday level
S2: 1.0160 intraday level
S3: 1.0126 * 28 Jun high
S4: 1.0090 * 29 Jun break
S5: 1.0014 29 Jun low








