Currency entrenched below the moving average with a period of 34 (now a resistance level of 1.0140) but still situated above the moving averages with periods of 55, 89 and 144, which are directed upward and points to the continued bullish sentiment, as well as are a number of support levels 1.0070, 1.0020 and 0.9990.MACD histogram is located in the positive zone, but below its signal line, continues to gradually decline, and thereby sends a signal to sell AUD / USD.
Stochastic Oscillator is in the neutral zone and generates a similar signal as the% K line falls below the% D.
Therefore, we expect that the correction will continue, and its potential targets are located at 1.0075 and 1.0050.
Resistance levels: 1.0150, 1.0175, 1.0200/10, 1.0250/60, 1.0300/10
Current Price: 1.0119
Support levels: 1.0100, 1.0075, 1.0050, 1.0010/00, 0.9975, 0.9950, 0.9920/00
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