Wednesday, 7 October 2015

AUD/USD


This pair started to breakout from the ascending channel. The price might be targeting the 0.7550 resistance line if it manage to pass thru the first resistance line.

Stochastic indicator is already above 50 level. It means that the price will further go upward.

MACD indicator still below the zero line but showing that it is almost about to pass that boundary.