AUDUSD Retests 20-Day SMA, Holding In Upward Sloping Channel

<p>AUDUSD has been advancing over the last three months, peaking near the almost one-year high of 0.7067. The bullish rally extended its move above the simple moving averages (SMAs). However, the RSI in the positive region is flattening and the MACD is losing momentum below its trigger line but it remains in the bullish zone. […]</p>
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