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AUDUSD Technical Analysis

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Daily technical analysis based trade tips and ideas for forex AUDUSD. Our report outlines clear and precise trade entry levels with profit targets and stop loss levels across a broad range of prices for the intraday. To gain an edge in the markets, successful professional traders need a daily trading plan and must be aware of important support and resistance levels. We ensure you are fully prepared to maximise profitable trading opportunities throughout each day, minimising your risk, maximising your profits and taking away the element of gambling.

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AUDUSD bounce from first support at 7570/65 last week topped 4 pips from the 7633/35 high in to the close on Friday.
Today's Analysis
19 June 2017 Updated at 22:34pm GMT
AUDUSD first resistance at the 7633/35 high. We are very overbought on the daily chart so gains are likely to be limited but this is more of a target than resistance, so if we continue higher look for 7656/60 & 7679/81, perhaps as far as 7695/99.

Failure to beat the 7633/35 high targets 7595/91 then first support at 7570/65 which looks likely to hold the downside again today. However below here this week targets a buying opportunity at 7535/30. Longs need stops below 7510. Further losses target 7504/00 then minor support at 7470/65.
Technical Analysis AUDUSD