AUD/USD looks to move higher
The price has rallied with AUD/USD, and is now testing the 50-day simple moving average (SMA) once again.
A move above this might help revive a bullish view, and could see the pair push on towards the $0.679 highs that marked the peak back in April. Having fallen back from the February highs there are now signs of stabilisation.
This bullish view would be negated by a move back below $0.66.
https://news.google.com/rss/articles/CBMiamh0dHBzOi8vd3d3LmlnLmNvbS9lbi1jaC9uZXdzLWFuZC10cmFkZS1pZGVhcy9fZXVyLXVzZC1taXhlZC1idXQtZ2JwLXVzZC1hbmQtYXVkLXVzZC1sb29rLWZvci1nYWlucy0yMzA1MDXSAQA?oc=5
2023-05-05 09:59:36Z
CBMiamh0dHBzOi8vd3d3LmlnLmNvbS9lbi1jaC9uZXdzLWFuZC10cmFkZS1pZGVhcy9fZXVyLXVzZC1taXhlZC1idXQtZ2JwLXVzZC1hbmQtYXVkLXVzZC1sb29rLWZvci1nYWlucy0yMzA1MDXSAQA
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