AUD/USD Bottoming Out?
https://www.tradingview.com/x/127vLfSf/
The Aussie Dollar as been selling off hard in recent weeks. Daily stochastics and RSI are significantly oversold. It has also tested the .786 Fib of the recent yearly range. Also testing a long term trend line from the low of 2020 to the low of last fall (second pic below). Taking a shot here to the upside for a short term trade and possibly could be on the verge of a larger move to the upside.
The Aussie Dollar as been selling off hard in recent weeks. Daily stochastics and RSI are significantly oversold. It has also tested the .786 Fib of the recent yearly range. Also testing a long term trend line from the low of 2020 to the low of last fall (second pic below). Taking a shot here to the upside for a short term trade and possibly could be on the verge of a larger move to the upside.
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