Technical Analysis – AUDUSD takes a breather, despite signals for advancement

AUDUSD looks to be picking up again, something also mirrored within the short-term oscillators. The pair plotted gains above the supportive trend line drawn from 0.5506, with the latest move from 0.5979 extending past the simple moving averages (SMAs). The MACD, although marginally below its red trigger line in the positive section, looks to move […]