0,8667. AUD USD is in an uptrend supported by 4H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bullish pressure on AUD USD. The price should find a resistance below 0,8675 (8 pips). If the resistance breaks then the target will be 0,8820 (153 pips).
0,8675 - 0,8700
0,8620 - 0,8545

tags: Forex, audusd
author: Arnaud Jeulin
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