AUD/USD Turn Bearish After a Week of Bullish Momentum
The AUD/USD pair is showing signs of a potential bearish reversal after a week of upward movement. The shift is supported by bearish signals from the SuperTrend indicators and overbought conditions highlighted by the Stochastic Oscillator. This suggests the bullish trend may be exhausting, with a bearish phase likely to follow. Traders should watch for further confirmations and adjust their strategies accordingly.