$AUDUSD early June bearish shift threat
- A more hesitant rebound into the end of the week having recovered from ahead of a challenge to .9200, but faltering back from firm resistance at .9325/35.
- Whilst capped here we see negative pressures reasserting into early June for already a move back through .9275 to .9240/35 and to test .9200.
- Above .9335 sets a firmer range theme; but only above .9410 signals a bullish shift.
WHAT CHANGES THIS?
- Downside: Below .9200 sees a more negative theme for the 200-DMA, .9177 and .9155 and .9060 retracements.
- Upside: Above .9410 aims for the .9460 peak and above to .9525/45.
4 hour AUDUSD Chart
Daily AUDUSD Chart