|AUD/USD Technical Analysis comments :|
|The pair AUD/USD took up yesterday its bearish movement and the breakout of 0.99 gave us new sell signal.|
The pair is now moving below its falling wedge (brown lines) and below the lower band of its bearish channel (purple lines).
All indicators are bearish.
We continue to advise short positions as far as 1.00 is resistance.
The breakout of 0.98 will give a new sell signal and open the way towards 0.97.
In case of return above 1.00, 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|