0,9449. AUD USD is in a consolidation after the last bullish movement. AUD USD is in a range between 0,9280 and 0,9485. AUD USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on AUD USD. The consolidation should continue. The price should find a resistance below 0,9500. We won't take a position. The risk/reward ratio is too high to take a position..

updated 06 mai 2008 05:36 GMT +02:00