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AUS.IDX/AUD WILL MOVE HIGHER

Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator.
AUS.IDX/AUD Weekly Chart
  • The MACD on the weekly chart is in the positive zone.
  • The RSI is overbought and falling.
  • The Stochastics is falling.
  • The pair has closed the week above 50 periods SMA.
Keeping these facts in mind the pair may see a correction in coming weeks.
AUS.IDX/AUD Daily Chart
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AUS.IDX/AUD WILL RISE

Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator, Ellipse.
AUS.IDX/AUD Weekly Chart
  • The MACD on the weekly chart is in the positive zone.
  • The RSI is heading North.
  • The Stochastics is headed North too.
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