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AUDUSD back to 0.7000 as buyers encouraged by stock gains
The AUDUSD is stretching back to the upside after an early US session dip saw the price fall below a swing area between 0.6973 and 0.6984, but stall short of the rising 100 hour moving average at 0.69546. The low for the day reaches 0.69614 before bouncing back higher.
The extension back to the upside has the pair looking back toward its high for the day reached in the London morning session at 0.70138. The price is also back above the 0.7000 level currently at 0.7006.
The swing... Read More
Posted: Jan 23 2023, 15:52
Author Name: forexlive
Views: 102828