Technical: AUDUSD shifts the medium-term outlook to bearish

{video}AUDUSD is still developing below the penetrated medium-term uptrend line with strong resistance being also the 200-day simple moving average (SMA) at 0.6790. In trend indicators, the 20- and the 50-day SMAs posted a bearish crossover, confirming the recent bearish move after the pullback off the eight-month high of 0.7160. The MACD oscillator is ...     Alert Mar 2, 2023, 6:28pm Technical: AUDUSD shifts the medium-term outlook to bearish {video}AUDUSD is still developing below the penetrated medium-term uptrend line with strong resistance being also the 200-day simple moving average (SMA) at 0.6790. In trend indicators, the 20- and the 50-day SMAs posted a bearish crossover, confirming the recent bearish move after the pullback off the eight-month high of 0.7160. The MACD oscillator is ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support