AUD/USD failed to generate bullish momentum on the first day of the week.  AUD/USD bears drove the pair back to the 0.7400 round figure as the Aussie retraced almost 50% of its last leg higher started last Thursday. If AUD/USD bulls fail to support the market near 0.7400 a retest of the 0.7380 former congestion zone can be on the cards. AUD/USD 15-minute chart Spot rate:         0.7400 Relative change:    -0.64%    High:             0.7444 Low:             0.7397 Trend:            Bullish above 0.7345 Resistance 1:      0.7410 June 20 high  Resistance 2:      0.7446 last week’s high Resistance 3:      0.7476 May 29 low Resistance 4:      0.7500-0.7514 area, figure and last week’s low  Support 1:        0.7380 former congestion zone  Support 2:        0.7345 current 2018 low Support 3:        0.7327 May 9, 2017 low  FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Bitcoin Cash Price Analysis: BCH/USD if the short-term bulls fail to fulfil the bullish set up seen and break $780, then the bears could send the price on the highway to hell FX Street 4 years AUD/USD failed to generate bullish momentum on the first day of the week.  AUD/USD bears drove the pair back to the 0.7400 round figure as the Aussie retraced almost 50% of its last leg higher started last Thursday. If AUD/USD bulls fail to support the market near 0.7400 a retest of the 0.7380 former congestion zone can be on the cards. AUD/USD 15-minute chart Spot rate:         0.7400 Relative change:    -0.64%    High:             0.7444 Low:  … Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
