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Mar 19 - 01:55 PM

AUD/USD - Lots Of Indecision But Longs Have A Slight Advantage

By Christopher Romano  —  Mar 19 - 11:46 AM
  • Bull hammer forms March 17, inverted hammer forms March 18

  • Daily doji candle forms today, recent candles imply investor indecision

  • AUD/USD longs still have some encouraging signals to lean on

  • Pair is consolidating gains from rally off the March 9 daily low

  • Monthly RSI is rising, suggests longer-term momentum is bullish

  • Breaks of 61.8% Fib 0.807-0.7621, Feb 26 high gives bulls more control

  • Bears would gain some control on break of cloud top, March 10 low

  • For more click on FXBUZ


aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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