AUDUSD (1H) - short term bullish bias
Following its rebound from the 50% (0.6845) Fibonacci retracement level on the daily chart, the Aussie continues its way up towards the previous high of 0.6930. Both 20 and 30-hour moving averages saw strong buying interests during minor pullbacks and have provided solid support so far. The RSI indicator has yet to show any sign of over-heating. The break of the resistance level of 0.6897 has boosted buyers' mood and we may expect the rally to carry on.
Key support: 0.6875
Key resistance: 0.6930
Following its rebound from the 50% (0.6845) Fibonacci retracement level on the daily chart, the Aussie continues its way up towards the previous high of 0.6930. Both 20 and 30-hour moving averages saw strong buying interests during minor pullbacks and have provided solid support so far. The RSI indicator has yet to show any sign of over-heating. The break of the resistance level of 0.6897 has boosted buyers' mood and we may expect the rally to carry on.
Key support: 0.6875
Key resistance: 0.6930
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.