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Australian Dollar Forecast: Aussie Bulls Halted– Range Break Imminent 2021-05-13 17:30:00 Michael Boutros, Strategist Australian Dollar Technical Price Outlook: AUD/USD Weekly Trade Levels Australian Dollar technical trade level update - Weekly Chart AUD/USD reverses sharply off technical resistance – range breakout imminent Aussie key support into 7563– key resistance steady at 7836 Advertisement The Australian Dollar plummeted more than 1.4% against the US Dollar since the start of the week with AUD/USD reversing off technical resistance at the yearly high-close. The pullback puts into focus a critical range of influence and we’re looking for a breakout in the days ahead to offer guidance with the long-side vulnerable below this week’s high. These are the updated targets and invalidation levels that matter on the AUD/USD weekly price chart heading into the close of the year. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this Aussie tec

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