- AUD/USD has slightly recovered after making as low of 0.81052. On the upside it is facing resistance around 0.82354 and any break of it will take the pair to 0.8375/0.8600.
- The pair’s minor support is around 0.8050 and indicative break below will target 0.7600.
Indicators(4 Hour chart)
CCI (50) – Buy
CCI (14) – Sell
Ichimoku- NeutralRecommendation: Sell AUD/USD around 0.8374, SL 0.8600, Target 0.7600.
The material has been provided by InstaForex Company – www.instaforex.com