AUDUSD Rally Looks Overbought Near December’s Highs

<p>AUDUSD has fully recovered the virus-led sell-off within a narrow upward-sloping channel but December’s peak of 0.7031 managed to stabilize the rally, preventing the bulls to hunt new highs. According to the RSI and the Stochastics the pair is overbought as the former has already topped above 70, while the latter has reversed south and […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/302513-audusd-rally-looks-overbought-near-decembers-highs/">AUDUSD Rally Looks Overbought Near December’s Highs</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>