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Goldsignal75

AUDUSD Daily Forecast

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Dolar Australia / Dolar A.S. (OANDA:AUDUSD)  
Goldsignal75  
OANDA:AUDUSD   Dolar Australia / Dolar A.S.
Chart Patterns Technical Indicators Fundamental Analysis audusdlong audusdsignal audusdforecast audusdbuy audusdidea audusddaily audusdlongsetup
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chartpattern indicator fundamental audusdlong audusdsignal audusdforecast audusdbuy audusdidea audusddaily audusdlongsetup
AUD/USD extends corrective pullback from 18-month lows, pre-RBA optimism buoys Aussie
AUD/USD recovery lacks traction. Major trend remains bearish.
Break above 5-DMA could see some upside. Breakout above daily cloud will change near-term dynamics.

Technical Analysis:
AUD/USD trades well below daily cloud and major moving averages
Momentum is strongly bearish and volatility is high
Price action is consolidating break below 200-week MA
MACD and ADX support weakness in the pair


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