0,9598. 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 is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on AUD USD. The price should find a support above 0,9570. The uptrend should continue to gather momentum.
=> We could take a long position at 0,9600. We will put the stop loss below 0,9570 (-30 pips). The targets are 0,9650 (+50 pips) 0,9700 (+100 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
0,9620 - 0,9650
0,9570 - 0,9520