Minors Weekly Forecast May 30 2016

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Minors - 956854 (1)

AUDUSD: As long as 0.7253 resistance holds on a daily closing basis, the AUDUSD remains on the downside towards the 0.7107/0.6996 levels before the next rise, above 0.7253 faces a recovery risk towards 0.7401 before the next fall, above 0.7401 will turn outlook bullish towards the 0.7718/0.7795 levels, below 0.6996 sees a fall risk towards the 0.6834 levels…

Minors Weekly Forecast May 30 2016 -AUDUSDUSDCAD: ِAs long as 1.2905 support holds on a weekly closing basis, the USDCAD remains in a recovery mode and further upside couldn’t be ruled out, but recovery above 1.2905 should be limited by the 1.3910 levels, below 1.2905 faces a fall risk towards the 1.2253/1.2303 levels before the next rise…(Minor resistance levels: 1.3284,1.3638)…

Minors Weekly Forecast May 30 2016 -USDCAD

MARKET DATA

UPCOMING ECONOMIC EVENTS

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