AUD/USD is in a bullish trend. The price action is aligned with the OBV signalling a strong price to volume convergence. The RSI is also making a LL signalling a possible Hidden Bullish Divergence. Expecting bulls to push prices higher as buyers seem to be in control.
Confluence:
- Bullish Flag chart pattern - Bullish Harami candlestick pattern - Price is aligned with volumes (OBV) - Price is making a HL while RSI is making a LL