Ardy

Bullish divergence on AUDUSD Monthly Chart

FX:AUDUSD   Australian Dollar/U.S. Dollar
289 0 2
At the moment the long term technicals is showing that there is a bullish divergence in this pair. While price is posting lower lows, we are seeing stochastics posting higher lows. In my opinion, once prize closes above the 15ema, there is a probability that the pair might head higher, possibly in the 0.966 region.
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