0,9388. AUD USD is in an downtrend directed by 1H exponential moving averages. AUD USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The price should find a support above 0,9300 (85 pips). We won't take a position. The risk/reward ratio is too high to take a position..
0,9410 - 0,9440
0,9370 - 0,9300