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AUDUSD Returns Back Below the Falling Trend Line

Started by PocketOption, Feb 24, 2022, 02:27 pm

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PocketOption

AUDUSD Returns Back Below the Falling Trend Line

AUDUSD is heading south after failing to have a closing day above the 0.7250 resistance and touching the 40-day simple moving average (SMA) lower. The MACD oscillator is losing momentum above its trigger and zero lines, while the RSI is sloping down near the neutral threshold of 50 in the short-term. Further declines may meet […]


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