Growth in AUD/USD Has Completed

Technical Reports

Trading in the pair is on the downside for 38.2% retracement of 0.6826 to 0.8124 at 0.7628, as increase from 0.7328 has completed at 0.8124 . Pivot points are at: (S1) 0.7765; (P) 0.7815; (R1) 0.7844.

A medium term growth from 0.6826 is possibly completed too. Overcoming of minor resistance 0.7874 will indicate completion of the fall.

Growth from a medium term bottom 0.6826 is a corrective. Upside of the pair should be limited be resistance from 38.2% retracement of 1.1079 to 0.6826 at 0.8451. Overcoming of 0.7328 will bring retest of minimum 0.6826.