AUD/USD Breaches 0.8660 Amid Absence Of Bearish Signals
Topic: AUD/USD Breaches 0.8660 Amid Absence Of Bearish Signals
Missing Reversal Signals May Open Further Gains
Shooting Star Awaiting Confirmation On H4 Chart
AUD/USD has managed to edge out a daily close beyond the 0.8660 threshold with a void of bearish reversal signals potentially opening further gains. However, with lingering signs of a downtrend a clean run higher may prove difficult. A slide back below 0.8660 would return the risks to the recent lows near 0.8540.