0,8600. 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 high. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bullish configuration. daily ForexSto (Modified Stochastic) indicate a bullish pressure on AUD USD. The consolidation should continue. The price should continue to move in 0,8550 / 0,8660 range.
Resistances
0,8610 - 0,8660
Supports
0,8580 - 0,8500

tags: Forex, audusd
author: Arnaud Jeulin
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