AUDUSD Extends Its Gains – Analysis –29-10-2026
The AUDUSD pair continued to rise in its latest intraday trading, benefiting from sustained positive support generated by trading above its EMA50, which provides the pair with a dynamic support base that reinforces the dominance and stability of the short-term corrective bullish trend. However, a bearish crossover has begun to emerge in the relative strength indicators, which may curb the pair’s upward momentum in the near term.
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