AUDUSD short-term buy

The AUDUSD pair broke last week above its long-term Falling Wedge pattern and the 1D MA50 (blue trend-line) and has been consolidating ever since. With the 1D RSI on Higher Lows since May 02, which has been a Bullish Divergence, it is more likely that the rise will be resumed towards the 1D MA200 (orange trend-line) which has been the Resistance since April 22.



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