AUDUSD looking more bearish than bullish

Aussie going down in 2018 - Potential interest rate rises in US will depreciate the attractiveness of Aussie this year.

Technically looking more bearish than bullish
Overbought RSI
MA Crossover
Bearish wedge

Yorum:

Retail sales figure seem stronger than expected.. However, I still do not see Aussie going up much further..

Initial analysis still remains intact. Will follow this one closely and update later.