technical analysis prediction for the 1st of September 2017


indicators: Ema200, Ema50 , Macd 12,26,9, Rsi 14



monthly chart



weekly chart








technical analysis prediction

Aud usd trend bias is neutral on the monthly chart with strong downside momentum and consolidation below 0.6875 level may stage downtrend continuation in the long term , Rsi(44.29) is below 50 and Macd uptrend momentum is weak, Ema 200, 50 is above price action . Aud usd remains downside bias on the weekly chart however upside risk and further rise above 0.7816 may extend price towards 0.8300 in the near term , Rsi(54.16) above 50, Macd trend is neutral while Ema downtrend signal is weak and prediction on Aud usd for the 1st of September 2017 is 0.7985
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