AUD/USD chart - Trading View
Technical Analysis: Bias Bearish
GMMA Indicator
- Major and minor trend are bearish
Ichimoku Analysis
- Cloud caps upside on the daily charts
- Chikou span is flat, with bearish bias
Oscillators
- Stochs and RSI are biased lower and are in neutral territory
Bollinger Bands
- Bollinger bands are spread wide apart suggesting high volatility
Major Support Levels: 0.7309 (110-week EMA), 0.7216 (200-week EMA)
Major Resistance Levels: 0.7344 (5-DMA), 0.7388 (55-EMA)
Summary: AUD/USD is consolidating break below 21-EMA. US dollar weakness is limiting downside in the pair. Focus on FOMC meet for imptus.
