AUD/USD Technical Analysis

(0,9455) The AUSSIE confirmed a weak closing plunging already below 0,9500 that favoured the confirmation of our s/t target at 0,9453!! The selloff is important suggesting further downside risk toward 0,9000!! The indicators of the daily chart are well negative supporting lower levels and also those of the s/t ones are well below the line supporting further weakness.  We favour a test of the next support at 0,9388 where we expect however some support. We stay on the sideline!

Read the full report: AUDUSD 06.06

 

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