AUDUSD’s bullish bias in the near term could be coming to an end

<p>AUDUSD found strong support at the 18-month trough of 0.6965 in the previous week, rallying towards the 20-day simple moving average (SMA). However, the RSI indicator is suggesting a weakening bias as it is turning lower in the negative region, while the MACD is still holding below the zero level but is strengthening its positive move. Should the price […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/427927-audusds-bullish-bias-in-the-near-term-could-be-coming-to-an-end/">AUDUSD’s bullish bias in the near term could be coming to an end</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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