This index had an upward trend in the past always, and has not grown much after the recent fall (due to the Corona virus). Low risk and I expect it to grow well.
just by support & resistance setup with trend setup
AUD has been one of the the top 3 strongest currencies since early April but like all trends there is an ebb and flow. My AUD index has been trending nicely within a bullish channel and if it can hold this support line we could see another impulse. Ideally I want to see price close above the channel support line. If not we are at risk of invalidating the...
AUD/USD daily- Reflecting down off its 20 simple MA Also, must reflect down below its 38.2% fib retracement level at 60.92