|AUD/USD Technical Analysis comments :|
|The pair AUD/USD found support on 0.98 last friday.|
The pair continues to move on the lower band of its bearish channel (purple lines).
All indicators are bearish.
We continue to advise short positions as far as 0.9950 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 0.9950, we will wait the breakout of 1.0 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|