The AUDUSD has risen nicely since the slump to 0.55, now an opportunity for Sell.
The AUDUSD touches the average moving line 100 which is used as resistance and only a few days ago the AUDUSD responded downhill as soon as it touched that line.
Stochastic and RSI are relatively high, indicating the possibility of a trend change.
The AUDUSD is still considered a downtrend despite recent increases
Goal: 0.64
The AUDUSD touches the average moving line 100 which is used as resistance and only a few days ago the AUDUSD responded downhill as soon as it touched that line.
Stochastic and RSI are relatively high, indicating the possibility of a trend change.
The AUDUSD is still considered a downtrend despite recent increases
Goal: 0.64