Technical Analysis – AUDUSD bulls meet resistance trendline again; short-term bias positive

AUDUSD is testing the descending trendline stretched from the 0.7031 high again following Friday’s bounce on the decade low of 0.6433, and expectations are for more upside to come, with the rising RSI and MACD backing any potential move higher. Should the market close above the trendline, the bulls would aim for the 0.6670 barrier, […]