AUD/USD bullish trend seems to be holding

90
Higher tops and higher bottoms on price indicate an uptrend (dow pattern); the piercing above the 0.6893 resistance (December 3rd high) confirms the potential for the resumption of the trend which started on October 13; moving average analysis are bullish since current price is above both the 50 day and 20 day averages; upside focus seen at 0.7122 provided price can maintain above the October 13th - November 4th valid trendline (see chart).

Not investment advice. Past performance is not indicative of future results.

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.