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AUDUSD heads into the US close with the price testing a key hourly MA

The AUDUSD has seen up-and-down price action in trading today. The earlier session high stalled against its 100-hour moving average. Sellers leaned against the moving average level (it's currently at 0.64185). The subsequent price low in the US session reached a 0.6386. That low was still short of the low from Friday's trade at 0.6379. Sellers turned back to buyers in the US afternoon trading, and the price is back up testing its 100-hour moving average for the 2nd time today. More risk-on buyin... Read More

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Posted: Aug 21 2023, 20:05

Author Name: forexlive

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