Invezted

Aud/Usd Roadmap 21.06.15

FX:AUDUSD   Australian Dollar/U.S. Dollar
42 0 1
Context:

this pair remains in its downchannel price found support near the oversold level of the channel , a rallie attempt
got rejected at the mean of the channel , and brought this pair back to the support level of 75600
price has a hard time advancing we see that price contradicts as of now ,
any rejection of the 50% mark at 7880 could lead to another retest of the support level
if price moves past that 50% mark we will test the mean yet again.

Signs of strength:
oversold
support

Signs Of weakness:
downchannel
rejection of the mean


Support:
77000
75600


Resistance:
78800
80000
81500

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