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AUD/USD - Australian Dollar US Dollar

AUD/USD - Australian Dollar US Dollar

Short term (Intraday)

0,8605. AUD USD is in an downtrend directed by 4H exponential moving averages. AUD USD is in a consolidation after the last bearish movement. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on AUD USD. The consolidation should continue. The price should continue to move in 0,8500 / 0,8610 range. We won't take a position. The risk/reward ratio is too high to take a position..

Resistances
0,8610 - 0,8690
Supports
0,8550 - 0,8490
updated 27 août 2008 05:35 GMT +02:00

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