|AUD/USD Technical Analysis comments :|
|The pair AUD/USD has continued its bearish movement and the breakout of the support at 1.0 gave us a new sell signal.|
Currently, the pair is testing a pullback on this leve.
All indicators are bearish.
The pair continues to move into its bearish channel (purple lines) and seems to move into a falling wedge (reversal pattern).
We continue to advise short positions as far as 1.01 is resistance.
The breakout of 0.99 will give a new sell signal and open the way towards 0.98.
In case of return above 1.01, we will wait the breakout of 1.0150 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|