AUDUSD is still standing above the long-term downtrend line; however, the momentum is too weak to sustain the bullish movement that started after the bounce off the 0.6270 support level. The MACD oscillator is strengthening the positive move above its trigger and zero lines, suggesting more gains, but, on the other hand, the RSI is […]
The post AUDUSD Remains Above Downtrend Line But With Weak Momentum appeared first on Action Forex.
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