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AUD/USD - Australian Dollar US Dollar

AUD/USD - Australian Dollar US Dollar

Short term (Intraday)

0,9600. 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). The volatility is high. Bollinger bands are deviated. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on AUD USD. The price should continue to move in 0,9510 / 0,9670 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
0,9605 - 0,9670
Supports
0,9550 - 0,9510
updated 02 juil 2008 05:17 GMT +02:00

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