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AUD/USD Technical Evaluation: Aussie retakes zero.71 after bull RSI divergence on hourly

The AUD/USD pair is at the moment buying and selling at zero.7108, having hit a three-week low of zero.7076. The uptick within the Asian shares is probably going boding properly for the Aussie greenback. 

Hourly chart

As seen above, the earlier hourly candle closed simply above zero.71, confirming a bullish divergence of the relative power index (RSI).  A break above zero.7115 would additional bolster the bull RSI divergence and permit a rally to zero.7140.  Nevertheless, forcing a convincing break above zero.7115 is simpler mentioned than finished for the bulls, given the rising odds of RBA price minimize. 

Pattern: neutral-to-bearish


    Right this moment Final Value: zero.7109
    Right this moment Each day change: zero.0016 pips
    Right this moment Each day change %: zero.23%
    Right this moment Each day Open: zero.7093
    Each day SMA20: zero.7128
    Each day SMA50: zero.7175
    Each day SMA100: zero.7169
    Each day SMA200: zero.7304
    Earlier Each day Excessive: zero.7167
    Earlier Each day Low: zero.708
    Earlier Weekly Excessive: zero.7226
    Earlier Weekly Low: zero.7146
    Earlier Month-to-month Excessive: zero.7394
    Earlier Month-to-month Low: zero.7014
    Each day Fibonacci 38.2%: zero.7113
    Each day Fibonacci 61.eight%: zero.7134
    Each day Pivot Level S1: zero.706
    Each day Pivot Level S2: zero.7026
    Each day Pivot Level S3: zero.6973
    Each day Pivot Level R1: zero.7147
    Each day Pivot Level R2: zero.72
    Each day Pivot Level R3: zero.7234


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