Technical Analysis – AUD / USD maintains solid incline


AUDUSD has somewhat consolidated above the mid-Bollinger band after a subtle fade from its recent 33½-month high of 0.7820. The dominant bullish tone in the pair remains unbroken, something also reflected in the dictating simple moving averages (SMAs), which are defending the positive structure. The short-term oscillators overall are leaning towards an improving picture despite …

Technical Analysis entry – AUD / USD maintains solid incline first appeared on ForexNews.PRO.

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Karice Dabule

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