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Jun 10 - 01:55 PM

AUD/USD - Longs Could Be Close To Making Gains

By Christopher Romano  —  Jun 10 - 12:57 PM
  • AUD/USD still trades within the daily cloud but some bull signs are emerging

  • The pair consolidates gains off the June 3 low, holds above 0.7720 & 55-DMA

  • The monthly long legged doji & rising daily RSI suggests gains are likely

  • A close & sustained hold above the daily cloud will reinforce bullish views

  • Probability for tests of 0.7815/20, 0.7895/0.7900 areas is growing

  • For more click on FXBUZ


aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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