0,9505. AUD USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on AUD USD. The consolidation should continue. The price should find a support above 0,9470. If the support is broken then the target will be 0,9400. We won't take a position. The risk/reward ratio is too high to take a position..
0,9530 - 0,9610
0,9470 - 0,9400