Technical Analysis – AUDUSD bounces on key support level; MACD still bearish

AUDUSD bears got exhausted near the key 0.6864 support level early on Wednesday, with the fast-Stochastics pointing to a price reversal as the green %K line has already crossed above the red %D line in the oversold territory and seem to be turning higher. The fact that the price has been repeatedly touching the lower Bollinger band in the past […]