|AUD/USD Technical Analysis comments :|
|The pair AUD/USD has continued its bearish movement and is currently the support 0.99 and also the lower band of its bearish channel (purple lines).|
All indicators are bearish.
The pair just broke the lower band of its falling wedge.
We continue to advise short positions as far as 1.0050 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 1.0050, we will wait the breakout of 1.01 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|