On the upside, resistances are located at 0.7440 (Jun. 24 high), 0.7500 (psychological level) and 0.7570 (Jun. 1 high). Long-term looking, we are bearish for Aussie.
AUD/USD Daily Forecast - 28 June
Aussie fell in the course of the yesterday’s session going all the way to 0.7325 area by the end of the session where it found some amount of support and managed to rebound slightly to a daily closing around 0.7340 level. The pair could encounter the immediate support at 0.7340 (Jun. 21 low) ahead of 0.7300 (psychological level) and 0.7225 (Dec. 21, 2016, low).
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