AUDUSD - Trend Analysis
Price has broken the trend line with a momentum bearish CS. Both EMAs have crossed each other. A momentum bearish CS has closed below the EMA50. There are also rejections at the EMA50 and the pivot point. These factors give bearish biases.
Disclaimer
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.