AUD/USD close below 200-DMA will see dip till next major support at 110-EMA at 0.7242. Bounce off 200-DMA will see upside resumption.
Technical bias for the pair remains bullish. Major moving averages are trending higher.
That said, RSI and Stochs are showing a bearish rollover from overbought levels, raising scope for some weakness.
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>
Technical bias for the pair remains bullish. Major moving averages are trending higher.
That said, RSI and Stochs are showing a bearish rollover from overbought levels, raising scope for some weakness.
DISCLAIMER: ((trade based on your own decision ))
<<press like👍 if you enjoy💚>>