|AUD/USD Technical Analysis comments :|
|The pair AUD/USD has rebounded yesterday on the support at 0.99 and also on the lower band of its bearish channel (purple lines).|
The pair got back into its falling wedge.
Indicators are globaly bearish.
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 1.0125 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|