AUD/USD - Australian Dollar US Dollar, European Session - 18/02/09

By @ibtimes on

0,6422. 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, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on AUD USD. The consolidation should continue. The price should continue to move in Bollinger bands.

Resistances
0,6440 - 0,6540
Supports
0,6335 - 0,6250

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