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

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Forex Analysis:::2018-05-30T00:45:46

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.

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Analyst InstaForex
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