USD Continues to Gain on Return to Risk Aversion

AUD/USD:

There appears to be a fresh bullish cross on the 1 hour chart’s Slow Stochastic for this pair, signaling an upward movement may be in the making. With its sustained downward movement over the past days, this pair is overdue for a rebound. With fresh bullish crosses on the MACD for the hourly, 4-hour charts, this rebound may indeed be developing. Forex traders can definitely take advantage of this swing by buying this pair now, and at a great entry price