📊 Australian Dollar vs U.S. Dollar | Mixed W/ Bullish Potential

This is a mixed one, or I should say a hard one.

The technicals are mainly bearish; the trend and chart setup, indicators as well but the bullish potential is developing.

Prices bounced off the 0.786 Fib. retracement level for the wave from October '22 through February '23; strong support.

This level has been holding now (blue on the chart) for more than a month.

A very interesting signal came in 14-Sep as really high buy volume showed up, and thus we have mixed signals so we need a mixed approach.

✔️ Below 0.63500 sell/bearish.
✔️ Bullish/growth/long above this level. Currently bullish above support.

There is a strong bullish divergence on the RSI and MACD, overall, I am calling it long.

Namaste.