Resistance: 1.0300 strong/1.0329 moderate/1.0368 minor Support: 1.0262 moderate/1.0233 minor/1.0194 minor AUDUSD is in a bear market in 4-Hour charts. We have a high level bearish pattern in the Evening Star (Doji) confirming market direction though proximity to a moderate support at 1.0262 suggests we should look for prices to push under said level before jumping in. Immediate target for sells will be 1.0233 then possibly a push on to 1.0194. Stops should be placed above the pattern high.
Excerpt from:
AUDUSD Evening Star (Doji) 4-Hour Chart
