AUD/USD - Australian Dollar US Dollar, American Session - 27/03/08
1,9239. AUD USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bullish pressure on AUD USD. The uptrend should continue to gather momentum. The target is expected at 0,9350 (110 pips).
- Resistances
- 0,9250 - 0,9300
- Supports
- 0,9180 - 0,9150
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