AUDUSD TECHNICAL ANALYSIS

AUDUSD DAILY

MARKET IS SIDEWAYS. PRICE BOUNCED OFF OF MR1 RESISTANCE, TARGET IS MS1. STOCHASTICS IS OVERBOUGHT.

AUDUSD H4

MARKET IS SIDEWAYS. PRICE IS BEARISH(5/8 CROSS). RESISTANCE JUST BELOW WR1 @ MR1. SUPPORT @ WM3/0.77000/MM3 & 21 EMA AS POSSIBLE DYNAMIC SUPPORT.

AUDUSD H1

MARKET IS SIDEWAYS. PRICE IS BEARISH AS INDICATED BY 5/8 MOVING AVERAGES. STOCHASTIC OVERSOLD SO A BEAR WILL WAIT FOR A PULLBACK TO DPP BEFORE LOOKING FOR SHORT OPPORTUNITIES.

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