A possible long opportunity is coming up for the AUD/USD. We would just need a little more movement upwards for me to jump in and say BUY with conviction. All the indicator signals are aligning to produce a message that says the market is ready to shoot up.
Signals: Price bouncing off Linear regression. Price bouncing off long term support. MACD moving into bull territory with upward momentum. RSI is moving up. CCI is lifting up into buy/oversold territory. Moving Averages are turning up. Bollinger Band has potential to expand.
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