AUD/USD Outlook: Fresh Bullish Acceleration Pressures Key Barriers

<p>The Australian dollar rallies on strong risk mode on Tuesday and hit the highest since 10 Mar. Extension above former high (0.6616) is pressuring 200DMA (0.6656), with break here to generate bullish signal for continuation of uptrend from 0.5509 (19 Mar spike low). Strong bullish momentum is accompanied by multiple bull-crosses (5/100; 10/100; 20/100DMA&#8217;s) as [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/298173-aud-usd-outlook-fresh-bullish-acceleration-pressures-key-barriers/">AUD/USD Outlook: Fresh Bullish Acceleration Pressures Key Barriers</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>