FxWirePro

We prefer to go short in AUD/USD

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
3
AUD/USD has slightly recovered after making as low of 0.81052. On the upside it is facing resistance around 0.82354 and any break of it will take the pair to 0.8375/0.8600.

The pair’s minor support is around 0.8050 and indicative break below will target 0.7600.

Indicators(4 Hour chart)
CCI (50) – Buy
CCI (14) – Sell

Ichimoku- Neutral

Recommendation: Sell AUD/USD around 0.8374, SL 0.8600, Target 0.7600.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.