0,9317. AUD USD is in a range between 0,9290 and 0,9400. AUD USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) crosses and gives a negative signal. The downtrend should continue to gather momentum. The price should find a support above 0,9290. If the support is broken then the target will be 0,9240. We won't take a position. The risk/reward ratio is too high to take a position..
0,9350 - 0,9400
0,9290 - 0,9240