Normal
A tough call for the AUD today. In what looks to be choppy conditions, economics looks positive for the AUD. But Analyst a calling for future downturn of pivot point 0.6836,,,The RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is trading under its 20 period moving average (0.6818) but above its 50 period moving average (0.6802).Could go either way?Preference:Target 0.6739.Alternative scenario:Above 0.6836, look for 0.6870 and 0.6891.[ATTACH=full]146352[/ATTACH]
A tough call for the AUD today. In what looks to be choppy conditions, economics looks positive for the AUD. But Analyst a calling for future downturn of pivot point 0.6836,,,
The RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the pair is trading under its 20 period moving average (0.6818) but above its 50 period moving average (0.6802).
Could go either way?
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