0,9512. 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. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on AUD USD. The price should find a resistance below 0,9520. The consolidation should continue. If the resistance is broken then the target will be 0,9660.
We are waiting for a break of resistance to take a long position.
0,9520 - 0,9560
0,9490 - 0,9460