AUDUSD found strong support at the 18-month trough of 0.6965 in the previous week, rallying towards the 20-day simple moving average (SMA). However, the RSI indicator is suggesting a weakening bias as it is turning lower in the negative region, while the MACD is still holding below the zero level but is strengthening its positive move. Should the price […]
The post AUDUSD's bullish bias in the near term could be coming to an end appeared first on Action Forex.