AUD/USD: short positions are preferable

Forex analytics: From the technical point of view short positions are preferable for the pair. On the daily chart the pair AUD/USD is moving in the downward channel with the bottom limit near the level of 0.6700. The price has broken important support level of 0.7085 (ЕМА50 on the daily chart, ЕМА200 on the hourly and 4-hour charts). On the daily and 4-hour charts the indicators OsMA and Stochastic give ...