[m.youssif]

AUDUSD Forecast
The AUDUSD slipped above 1.0000 yesterday but failed to consistently move above that area so far. The bias is neutral in nearest term. We are still in critical technical phase here where a consistent move above 1.0000 could cancel the bearish reversal scenario targeting 1.0182 and probably make new historical highs. Immediate support at 0.9900. Break below that area could trigger further bearish pressure testing 0.9800 and could be a threat to the inverse head and shoulders bullish scenario. I will keep stand aside for now.

[m.youssif]

AUDUSD Forecast
The AUDUSD slipped above 1.0000 yesterday but failed to consistently move above that area so far. The bias is neutral in nearest term. We are still in critical technical phase here where a consistent move above 1.0000 could cancel the bearish reversal scenario targeting 1.0182 and probably make new historical highs. Immediate support at 0.9900. Break below that area could trigger further bearish pressure testing 0.9800 and could be a threat to the inverse head and shoulders bullish scenario. I will keep stand aside for now.