AUD/USD Technical Analysis

(0,8958) The AUSSIE still confirmed a negative closing but failed to remain below 0,8900 supporting a new correction. The indicators of the daily chart are still negative but those of the s/t ones turned above the line supporting the correction. Bullish divergences confirm a negative tone in the hourly chart. We suggest therefore waiting for a decent rebound to sell for a drop toward 0,8805! We wait for higher levels to sell!

Read the full report: AUDUSD 08.29

 

Future Trend