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 |
| Order | Sell |
| Buy stop | Below 0.6284 |
| Stop loss | Above 0.6412 |
Market Analysis provided by IFCMarkets