The evolution of the AUDUSD pair shows an upward trend and does not seem to show any weakness. For now, the buy signal predominates and moving averages of 12 and 5 periods offer the signal as the moving average of 50 cycles.
The RSI is in a warning, in 63.08, which shows that for the short term may register a slight decline in the pair that would land first value of 1.0440, and 1.0206 as the second 0.9841 third.
The signs are that the target price to be around 1.02 and then rebound to levels close to 1.07 where he could continue the strong upward climb.
The operating volume is higher than previous months and is within the range began in the early days of May.
This pair should be analyzed and followed up close because for this week are expected macroeconomic announcements can exert direct influence on the evolution of the quote.
