AUDUSD has been showing improvement over the last couple of days, taking the market above the 20-day simple moving average (SMA). The MACD oscillator is rising above its trigger line in the negative region, while the RSI is ticking higher above the neutral threshold of 50. The red Tenkan-sen line is also moving higher, suggesting an upside correction. […]
The post AUDUSD Moves Up, Suggesting Upside Correction in Near Term appeared first on Action Forex.
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