AUDUSD is tackling the 0.7225 barrier as upside efforts persist after the recent bounce of the pair within the 0.6963-0.7020 critical support base, which is defending the broader positive structure. Despite the latest price improvements, the falling simple moving averages (SMAs) are sponsoring a bearish bearing. The Ichimoku lines are indicating the upsurge in price action, while the short-term oscillators are suggesting bullish momentum is growing. The MACD, in the negative region, is progressing above its red trigger line showing negative forces are fading. The positively charged stochastic oscillator and the ... (full story)