Last week was a reversal type of outing for AUD/USD, and next week may carry some more as the pair began to budge below the psychological level at .7375. Combine this with a bearish stoch signal and the door appears open for downside in the pair next week. Of interest, AUD/USD was the featured pair in our recent educational article on psychological levels.
| resistance 1 | .7400 |
| resistance 2 | .7500 |
| resistance 3 | .7625 |
| support 1 | .7250 |
| support 2 | .7125 |
| support 3 | .7000 |
AUD/USD Daily Price Chart
