FX.co ★ Technical analysis of AUD/USD for June 25, 2018

At the Daily Chart of the AUD/USD pair, we can see the price action from this pair moving in a Bearish bias, this can see confirmed by the price moving in a downslope channel with a Moving Average 50 slope pointing down too (of course the price is below the Moving Average), but now the Stochastic Oscillator already back from the Oversold territory this means in a few days ahead there will be a correction from the AUD/USD maybe they will re-test the EMA 50 as Dynamic Resistance or the Support Become Resistance Zone 0.7654-0.7697 level.

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