AUD/USD Technical Analysis

(0,9130) The AUSSIE confirmed a session of consolidation remaining interior the range of the previous session forming a new inside day with 0,9200 – 0,9025 the levels to follow in the coming hours. A break above 0,9200 will further extend the correction toward 0,9320. The indicators of the daily chart are still well positive but already showing potential negative reversals. Those of the s/t ones are instead mixed this morning suggesting some consolidation. In the hourly chart we have already potential positive reversals suggesting another test on the upside. While below 0,9150 on an hourly closing we may however see a deeper correction toward 0,9075 while the 200 hours line is found at 0,9012!! We suggest waiting for a decent correction to buy!

Read the full report: AUDUSD 09.06

 

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