豪ドル/米ドル

AUDUSD Slow Decline Downward

Stochastic flashes overbought while RSI is approaching this level. However, the Chaikin oscillator suggests there's some room to run higher. However, long-term 2018 downward trending resistance is a bit strong to overcome. Overall, sentiment is short, but need some more convincing as there is probably still more room to run upwards especially given the fact that moving averages point towards downward trending momentum.

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