Currency entrenched above the moving averages with periods of 144, 89, 55 and 34, which are now near support levels 1.0060, 1.0040, 0.9980 and 0.9930.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 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 1.0120, which will open the path to levels of 1.0150 and 1.0200/10 (local max).
Resistance levels: 1.0100, 1.0120, 1.0150, 1.0175, 1.0200/10
Current Price: 1.0088
Support levels: 1.0060, 1.0040, 1.0020, 0.9980, 0.9965, 0.9940/30
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