{"id":80716,"date":"2015-11-08T01:01:56","date_gmt":"2015-11-08T06:01:56","guid":{"rendered":"http:\/\/countingpips.com\/?p=80716"},"modified":"2015-11-08T01:42:44","modified_gmt":"2015-11-08T06:42:44","slug":"audusd-eyes-key-support-at-the-0-6899-region","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/11\/audusd-eyes-key-support-at-the-0-6899-region\/","title":{"rendered":"AUDUSD Eyes Key Support At The 0.6899 Region"},"content":{"rendered":"<div id=\"inves-833730474\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">November 8, 2015<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>AUDUSD: AUDUSD remains weak and vulnerable to the downside with risk of more weakness on the cards. Its big support lies at the 0.6926\/0.6899 zone. However, we may see a recovery higher on correction in the new week folowing its last week sell off. On the downside, support resides at the 0.7000 level where a breach will aim at the 0.6950 level. Below that level will set the stage for a run at the 0.6900 level with a cut through here targeting further downside towards the 0.6850 level. Its weekly RSI is bearish and pointing lower supporting this view. \u00a0On the upside, resistance lies at the 0.7100 level. A cut through here will turn attention to the 0.7150 level and then the 0.7200 level where a violation will set the stage for a retarget of the 0.7250 level. On the whole, AUDUSD continues to retain its long term downside pressure.<br \/>\n<img decoding=\"async\" src=\"http:\/\/www.fxtechstrategy.com\/wp\/wp-content\/uploads\/2015\/11\/AUDUSDWeekly.png\" alt=\"null\" \/><br \/>\nBy\u00a0<a href=\"http:\/\/www.fxtechstrategy.com\/\" target=\"_blank\" rel=\"noreferrer\">www.<wbr \/>fxtechstrategy.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AUDUSD: AUDUSD remains weak and vulnerable to the downside with risk of more weakness on the cards. Its big support lies at the 0.6926\/0.6899 zone. However, we may see a recovery higher on correction in the new week folowing its last week sell off. On the downside, support resides at the 0.7000 level where a [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-80716","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=80716"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80716\/revisions"}],"predecessor-version":[{"id":80718,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/80716\/revisions\/80718"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=80716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=80716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=80716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}