The Australian dollar has surged to pre-coronavirus levels after sinking to a 17-year low in March.
I think we could see a short term top here because the TD Sequential is showing us a "Red 9", the RSI is at overbought and DMI is heading down.
The purple line could be the top.
I think we could see a short term top here because the TD Sequential is showing us a "Red 9", the RSI is at overbought and DMI is heading down.
The purple line could be the top.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.