|AUD/USD Technical Analysis comments :|
|The pair AUD/USD found support yesterday on 1.0050 and just made a pullback on the upper band of its bearish channel (purple lines).|
The pair is currently trying to make a return above 1.01.
All indicators are still bearish.
We continue to advise short positions as far as 1.0150 is resistance.
A return below 1.01 will comfort our bearish feeling.
The breakout of 1.0050 will give a new sell signal and open the way towards 1.0.
In case of return above 1.0150, we will wait the breakout of 1.02 to advise long positons.
|Complete sheet of the pair AUD/USD - Previous AUD/USD Analysis|
|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|