FX.co ★ torp.paris | AUD/USD

Forecast for AUDUSD. On the D1 chart. The trend is below the moving average line. The trend wave is moving horizontally. It has been ranging these days. I think the pair will head south towards the level of 0.6280. The moving average line is pointing south. The CCI indicator shows a bearish direction. For now, I will be looking to sell. There's no sign of a bullish trend here. Everything is heading downwards. There are no significant news releases for AUD and USD on Monday.