Technical Analysis – AUDUSD in bullish phase at 2-month high

AUDUSD is in a bullish phase in the short term after a strong rally off the key 0.7500 area was extended up to a 2-month high. The recent rebound in AUDUSD has room to extend towards 0.7900 since prices crossed above the 200-day moving average and RSI is rising. However, the stochastic is overbought, which […]