Exchange rate still is above the moving averages with periods of 144, 34, 55 and 89, which are support levels 0.9980 and 0.9950.
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. Break of 1.0150 resistance level and increase in AUD / USD to levels of 1.0200/10 and 1.0250.
2. Break of 1.0100 support level and the correction to the levels of 1.0075 and 1.0050.
Resistance levels: 1.0125, 1.0150, 1.0200/10, 1.0250
Current Price: 1.0112
Support levels: 1.0100, 1.0075, 1.0050, 1.0010/00, 0.9950
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