AUD/USD Technical Analysis

(0,9381) The AUSSIE confirmed a session of consolidation forming a new inside day with 0,9460 – 0,9275 the levels to follow in the coming hours. Only a daily closing below 0,9275 will confirm lower levels. The indicators of the daily chart are still well positive but still showing a potential negative reversal situation. The indicators of the s/t charts are still showing a mixed suggesting further consolidation with however still a small negative bias. We have still a potential S_H_S formation with the neck line at 0,9295!! We favour a confirmation of this pattern. We wait for a selling opportunity

Read the full report: AUDUSD 10.03

 

Future Trend