Currency entrenched above the moving averages with periods of 89, 55, 34 and 144, which now are the levels of support to 1.0070/60 and 1.0025/20.MACD histogram crossed the zero line from the bottom up, now 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 is not currently provide a clear signal as the% K line crossed with a line of% D.
Because, trust only one clear signal is very risky, then as a confirmation that the forex market in a given currency pair is likely to worsen again bullish, we need to wait for the breakdown of the resistance level of 1.0150, which would pave the way to a local max 1.0200.
Resistance levels: 1.0150, 1.0200/10
Current Price: 1.0125
Support levels: 1.0075, 1.0050, 1.0010/00
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