AUD/USD - Australian Dollar US Dollar
Short term (Intraday)
0,9460. AUD USD is in a consolidation after the last bullish movement. AUD USD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 0,9500. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 0,9485 - 0,9500
- Supports
- 0,9450 - 0,9430
updated 07 mai 2008 12:52 GMT +02:00
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