Contributors Technical Analysis AUD/USD Weak USD Might Boost The AUD

AUD/USD Weak USD Might Boost The AUD

The AUD/USD is going up as the USD weakened after the FED meeting yesterday. Technically it’s the zone where buyers are.

0.7344-0.7420 is the zone where we see buyers. If the price makes a continuation move towards 0.7575 we should see a stronger momentum up. For bulls, the most important is to have a close above 0.7411. That should make the new buyers join and lead the price higher towards the next level.

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