AUD/USD Needs to Clear Above 0.97 to Put in a Bottom

Trend, momentum: AUD/USD has recently broken the 2012-low at 0.9580 but came back up after a low of 0.9527. The 1H chart shows that AUD/USD has since traded sideways in the very short-term of course. Price is still consolidating under the 200-hour SMA and the 1H RSI is for the most part still…

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AUD/USD Needs to Clear Above 0.97 to Put in a Bottom

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