The Aussie against the dollar is speculated to increase within the next two days, not for long but enough to make profits from a long position. As momentum picks up throughout today, so will the RSI indicator and is not known for how long. Have strict stop losses as there are high price sensitive economic releases throughout the day related to Australia.
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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.