0,7030. 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. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 0,7090 (60 pips). The consolidation should continue. If the resistance breaks then the target will be 0,7500 (470 pips).
- 0,7090 - 0,7130
- 0,6980 - 0,6910