26, August 2016

AUD/USD(a 4-hour chart)

General review

Yesterday, on the daily chart the AUD / USD formed a doji reversal pattern, and then, during the Asian session, bulls resumed growth to the test 0.7650. Support is in the area of 0.7595. Resistance area is at 0.7650-0.7660

Trading recommendations

The market will continue to consolidate in the specified range. However, technical factors indicate the possible pullback to the area 0.7500-0.7550.