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AUD/USD - Australian Dollar US Dollar

AUD/USD - Australian Dollar US Dollar

Short term (Intraday)

0,9184. AUD USD is in an downtrend directed by 1H exponential moving averages. AUD USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on AUD USD. The price should find a support above 0,9135. The consolidation should continue. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
0,9200 - 0,9260
Supports
0,9135 - 0,9100
updated 06 août 2008 05:32 GMT +02:00

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