14.02.2019
AUDUSD
The pair is trading below 0.7135. It’s consolidating within the existing range in anticipation of news concerning the US-China trade talks. The inability of the pair to pass 0.7135 may result in a resumed decline.
The price is above the upper Bollinger band, above SMA 5 and SMA 14. RSI is above the level of 50%, but indicates that the price has stopped growing. Stoch are growing steadily
Trading recommendations:
If the pair doesn’t go above 0.7135, it may reverse and drop to 0.7080.
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