RSI showing bullish divergence at a major support zone.
Most other AUD currencies are beginning to appreciate.
Most other USD currencies are losing upward momentum, including the dollar index.
Momentum is behind an appreciation of this pair. I am bullish.
Wait for pullback to enter long.
Exit when AUD appears to losing upward momentum.
Potential risk/reward is good.
Most other AUD currencies are beginning to appreciate.
Most other USD currencies are losing upward momentum, including the dollar index.
Momentum is behind an appreciation of this pair. I am bullish.
Wait for pullback to enter long.
Exit when AUD appears to losing upward momentum.
Potential risk/reward is good.