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AUDUSD buyers are making a play. What would keep the buyers in control now?

The AUDUSD buyers are making a play with a break to the highest level since October 12 and above the high from last week at 0.6400 and high from yesterday near that level. Technically, staying above 0.6400 now is the best case scenario for the buyers. On the top side, the 61.8% retracement of the move down from the end of September high comes in at 0.64124, and above that, a swing area between 0.6425 and 0.6435 would be the next target to increase a bullish bias.What would hurt the break and d... Read More

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Audusd

Buyers

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Forex

Posted: Nov 1 2023, 22:34

Author Name: forexlive

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