The course has made this night a pullback on this oblique support and tent this morning back above 0.89.
The pair is still moving on the line resistance (in support) of its average term bearish channel (orange lines on the graphs).
I would advise traders to trade only Shorts positions (for sale) on the AUD / USD as the course will be located under 0.8950.
A return of the course in 0.89 consolidate this bearish sentiment.
A break of 0.8850 then offer a new sell signal for an extension of the downtrend towards 0.88 or lower if this level is broken down.
In case of return above 0.8950 over then I advise traders to wait for a breakout of 0.90 before entering / no longer be treated as Long positions (for purchase) on the AUD / USD.
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