AUDUSD is retracing after form double top on 1 hour chart and reached extension at 161.8% (1.0760) of 1.0583 to 1.0288. Now AUDUSD will retrace toward 1.0626, 1.0537 area. If AUDUSD will break of 1.0472 supports then further going down side toward 1.0387 next targets. In AUDUSD strong support is at 1.0626. If AUDUSD will reverse from 1.0626 then extension at 1.0878, 1.1009 area.

New High: 1.0748, 1.0794, 1.0766.

New Low: 1.0656, 1.0702, 1.0674.

Pivot Point: R3-1.0817, R2-1.0782, R1-1.0760, PP-1.0726, S1-1.0691, S2-1.0669, S3-1.0634. Read More