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FX.co ★ Technical analysis of AUD/USD for May 30, 2018

Technical analysis of AUD/USD for May 30, 2018

Technical analysis of AUD/USD for May 30, 2018

As we see on the 4-hour chart for AUD/USD, the Stochastic has already entered the oversold area. The price has already broken out and closed below the ascending triangle pattern. It looks like there will be a re-test of the resistance level of 0.7550 in a few days.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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