aud usd weekly outlook for 6 to 10 june 2016

aud usd weekly outlook for 6 to 10 june 2016 Aud usd pair this week closed with strong gains at 0.7360. This was first weekly gain for Aussie dollar after last five weeks continues sell off. This is clearly a reversal signal for Aussie.   For next week, aus usd forex outlook will be bullish and trading strategy remain buy on dips. Audusd weekly chart support zones are 0.7175 and 0.7050. These are fresh long entry zones on intraday corrections.   On upside 0.7410 and 0.7600 are weekly resistances as well as target zones for next week.   On monthly chart, aud usd looks bottomed out and expect 0.76 to 0.79 levels in medium terms.

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