By IFCMarkets
Falling consumer confidence in Australia bearish for AUDUSD
Consumer confidence dropped in Australia in April: it dropped 17.7% after 3.8% decline in March, according to Westpack Banking Corporation Consumer Sentiment survey report. This is bearish for AUDUSD.
Indicator | VALUE | Signal |
---|---|---|
RSI | Neutral | |
MACD | Sell | |
Donchian Channel | Sell | |
MA(200) | Buy | |
Fractals | Neutral | |
Parabolic SAR | Sell |
Summary of technical analysis
Order | Sell |
Buy stop | Below 0.6284 |
Stop loss | Above 0.6412 |
Market Analysis provided by IFCMarkets