AUD/USD bouncing up nicely, remain bullish
Price has started to bounce up really nicely. We remain bullish above 0.7441 support (Fibonacci retracement, horizontal swing low support, bullish divergence) for a push up to at least 0.7510 resistance (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance).
Stochastic (34,5,3) is seeing strong support above the 5.1% where stochastic is bouncing up nicely from and also sees bullish divergence versus price signalling that a bounce is impending.
Stochastic (34,5,3) is seeing strong support above the 5.1% where stochastic is bouncing up nicely from and also sees bullish divergence versus price signalling that a bounce is impending.
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