FX.co ★ AUD/USD

Hello traders, On the hourly chart of the AUD/USD currency pair, the pair is currently trading above the middle Bollinger Bands indicator at the level of 0.66172. The moving average is below the price. The RSI is currently in overbought territory. The MACD histogram is above the zero mark. As seen on the chart, the 50-period SMA has crossed above the 200-period SMA from below. This indicates a continuation of the upward trend. Therefore, for this pair, we can expect the price to rise towards the level of 0.66673.