The AUD/USD was bearing since mid, late-July, when price fell from 0.9474 down to 0.9239 last week. Since then, traders have bid up the Aussie-US Dollar pair. The 2 main signals that the market is shifting away from the bearish outlook are: 1) A break above the falling trendline that connects the 0.9474 high with the 0.9374 resistance pivot. 2) The RSI popping above 60, which shows loss of bearish momentum. Pending Bullish Signals: A break above 0.9360 would clear the 200-, 100-, and 50-period simple moving averages (SMAs) in the 4H chart, which would move the pair further away from the bearish outlook. A Break above ... (full story)