AUDUSD analysis

25.01.2021

Technical reviews

AUDUSD

The pair shows again the probability of a local downward turn due to the continued consolidation dominance period in the market, which may cause a decline.

Technical side:

The price is located below the middle Bollinger band, above SMA 5, but below SMA 14. RSI is above the 50% level and is turning down. Stoch are still growing.

AUDUSD rate online: monitor the price movement in real time.

Trading idea:

A decline below 0.7740 will lead to its local drop to 0.7700.

Author: GC
Back to all reviews Back

Subscribe to market analysis

Thank you for subscribing to our analytics

Review topic

All Fundamental reviews Market news Premarkets Technical reviews