AUDUSD Crosses Key Barrier; Bullish Double Bottom in Progress

<p>AUDUSD is in the second consecutive week of gains around 0.7180, having marginally surpassed its shorter-term simple moving averages (SMA), which had been controlling bullish forces more vitally since mid-January onwards. Notably, the pairĀ  has also overcome the restrictive 200-SMA in the weekly chart. Of course, the soft bullish breakout still requires confirmation, but with […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/429129-audusd-crosses-key-barrier-bullish-double-bottom-in-progress/">AUDUSD Crosses Key Barrier; Bullish Double Bottom in Progress</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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