AUDNZD jumped to a fresh 2-year high of 1.1040 earlier this week, though the pair encountered strong resistance near that area and subsequently pulled back. Now, the bulls have taken over again and the price seems to be headed for another test of that zone. A potential break above it would reinforce confidence in the uptrend. Short-term momentum oscillators on the four-hour chart are reflecting the latest spike higher. The RSI is already above 50 and looks to be headed [..]
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