Minors Daily Forecast Jun 17 2015

Minors - 956854 (1)

AUDUSD: As long as 0.7711/0.7597 support holds on a daily closing basis. The AUDUSD remains in recovery mode. But recovery above the 0.7711 levels should be limited by the 0.7785/0.7818 levels where fall resumption is likely. Above 0.7818 will extend recovery to the 0.7935 levels, below 0.7711 will restore the downside momentum and open the 0.7600/0.7500 levels…

Minors Daily Forecast Jun 17 2015_AUDUSD

USDCAD: As long as 1.2306 resistance holds on a daily closing basis, the outlook in USDCAD remains on the downside towards the 1.2235 levels ahead of the 1.2145 levels. Above 1.2306 faces a recovery risk towards the 1.2440/1.2570 levels. (Note: I’d expect strong support from the 1.2005 levels to contain fall from the 1.5262 levels and bring reversal)….

Minors Daily Forecast Jun 17 2015_USDDCAD

NZDUSD: As long as 0.7024 resistance holds on a daily closing basis. The outlook in NZDUSD ┬áremains on the downside towards 0.6888 levels ahead of the 0.6700 levels. Above 0.7024 faces a recovery risk towards the 0.7231 levels before the next fall…

Minors Daily Forecast Jun 17 2015_NZDUSD

MARKET DATA

UPCOMING ECONOMIC EVENTS