The Aussie against the dollar is expected to bounce down. This is such as multiple RSI indicators from several time frames show they are all above the 70 mark. Therefore, a consideration of going short or closing your long position is necessary, it is not known on how long this bearish trend will be.
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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.