Technical Analysis – AUDUSD remains optimistic; improving positive signals assist

AUDUSD appears to be building confidence to revisit the region around the nearly 11-month high of 0.7064. The recent strengthening in the pair is reflected in the short-term oscillators and boosted by the recent bullish crossover of the 200-day simple moving average (SMA) by the ascending 50-day one. The MACD, deep in the positive region […]