0,7073. AUD USD is in an uptrend supported by 1H exponential moving averages. AUD USD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should continue to move in 0,7040 / 0,7160 range. We won't take a position. The risk/reward ratio is too high to take a position..
0,7160 - 0,7230
0,7040 - 0,6930