{"id":9452,"date":"2010-05-15T23:14:55","date_gmt":"2010-05-16T03:14:55","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=9452"},"modified":"2010-05-15T23:14:55","modified_gmt":"2010-05-16T03:14:55","slug":"audusd-stays-in-a-trading-range-between-0-8577-and-0-9404","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/05\/15\/audusd-stays-in-a-trading-range-between-0-8577-and-0-9404\/","title":{"rendered":"AUDUSD stays in a trading range between 0.8577 and 0.9404"},"content":{"rendered":"<p>AUDUSD stays in a trading range between 0.8577 and 0.9404. Sideways movement in the range could be expected to continue in a couple of weeks. Now a cycle bottom is being formed at 0.8715 level on daily chart. Key resistance is at 0.9080, a break above this level will confirm the cycle bottom, then another rise to 0.9200-0.9250 could be seen. Support is at 0.8715, only fall below this level could trigger deeper decline to 0.8000-0.8200 area.<\/p>\n<p>For long term analysis, AUDUSD formed a cycle bottom at 0.8577 level on weekly chart. Sideways consolidation in a range between 0.8577 and 0.9404 would more likely be seen in next several weeks.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.forexcycle.com\/archive2010\/20100516_audusd_1.gif\" alt=\"usdchf\" width=\"400\" height=\"300\" \/><\/p>\n<p><a href=\"http:\/\/www.forexcycle.com\/\" target=\"_blank\">Weekly Forex Forecast<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AUDUSD stays in a trading range between 0.8577 and 0.9404. Sideways movement in the range could be expected to continue in a couple of weeks. Now a cycle bottom is being formed at 0.8715 level on daily chart. Key resistance is at 0.9080, a break above this level will confirm the cycle bottom, then another &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/05\/15\/audusd-stays-in-a-trading-range-between-0-8577-and-0-9404\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AUDUSD stays in a trading range between 0.8577 and 0.9404&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-9452","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9452","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=9452"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9452\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=9452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=9452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=9452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}