AUDUSD is in the second consecutive week of gains around 0.7180, having marginally surpassed its shorter-term simple moving averages (SMA), which had been controlling bullish forces more vitally since mid-January onwards. Notably, the pair has also overcome the restrictive 200-SMA in the weekly chart. Of course, the soft bullish breakout still requires confirmation, but with […]
The post AUDUSD Crosses Key Barrier; Bullish Double Bottom in Progress appeared first on Action Forex.
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