Sentiment : 1.04 1.0350
The pair also found on the upper band of its medium term bearish channel (purple lines). The pair just validated above 1.03. Indicators are globaly bearish. We continue to advise short positions as far as 1.0350 is resistance. The breakout of 1.0250 will give a new sell signal and open the way towards 1.02. In case of return above 1.0350, we will wait the breakout of 1.04 to advise long positions.
Chart of the pair AUD/USD - Timeframe 4H - Zoom in :
Chart of the pair AUD/USD - Timeframe 4H - Zoom out:
AUD/USD Live Chart - Timeframe : 4h