abhivik

AUDUSD Weekly forecast January 7 onward

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
The last week's flash crash also affected the AUDUSD pair after which the Fed chairman intervened and we saw the market being brought back in order.
With this pair, as we trade above 0.707 price zone, we'll be looking for further advancements in the pair.
And if we get a pullback and test of support a 0.707, we'll be looking for buying opportunities with our target set at 0.7200 price zone.
If price breaks our first target, our next target will be at 0.7300 price zone.
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