Exchange rate still is above the moving averages with periods of 34, 89, 55 and 144, which are the support levels 1.0080/70 and 1.0050.MACD histogram is located in the positive zone and above its signal line, continues to gradually rise, and thus sends a signal to buy AUD / USD.
Stochastic Oscillator is in the overbought zone and forms the opposite signal, since the% K line crossed the line% D top-down and started to fall below it.
The contradiction in the signals that serve indicators, leads us to the fact that the most correct decision now - to stay out of the forex market and focus on the next strong support and resistance levels.
There are two options:
1. Breakdown of the local max 1.0200 and rising AUD / USD to levels of 1.0240/60 and 1.0300/10.
2. Break of 1.0150/30 support level and the correction to the levels of 1.0080/70 and 1.0050.
Resistance levels: 1.0200/10, 1.0240, 1.0260, 1.0300/10
Current Price: 1.0163
Support levels: 1.0150, 1.0130, 1.0080/70, 1.0050, 1.0010/00
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