The Aussie dollar remained volatile against the US dollar at 0.66441. The consumer confidence index of ANZ Bank and Roy Morgan rose by 1% last week, improving for two consecutive weeks. Planck, the economic director of ANZ Bank, said that Black Friday may be one of the factors to boost consumer confidence.
AUDUSD AUDUSD - 4-hour K line chart shows:
The 4-hour chart shows that the bulls' momentum keeps sorting and moving upward, short-term bullish sentiment emerges, the market bulls' momentum slowly enters the market, the MACD indicators are sorted in the short area, and the RSI indicators' weakness moves up to the weak position near the 0 axis for sorting;
Empty turning point: 0.66243
Pressing: 0.66751, 0.67049
Support: 0.65955, 0.65667
Trading strategy: bullish above 0.66243, target 0.66751, 0.67049
Alternative strategy: 0.66243 lower bearish, target 0.65955, 0.65667