AUDUSD is confronting the mid-Bollinger band at 0.7466 after unearthing fresh positive traction off the rising 50-day simple moving average (SMA), which appears to have rescued the minor twelve-week uptrend that evolved from the 0.6963-0.6994 support base that stretches back to July 2020. While the 200-day SMA proposes a more neutral trajectory, the rising 50- […]
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