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AUDUSD levels in play through rate decision

AUDUSD levels in play through rate decision

The AUDUSD is trading below the 100 day /100 hour MA going into the rate decision by the Reserve Bank of New Zealand later tonight (10:30 PM ET). The 100 day MA is at 0.6748. The 100 hour MA is at 0.6744.. Above those MAs are the 200 hour MA and then the 200 day MA at 0.6790. All those levels would need to be broken on the topside to open the upside for more momentum.

The current price at 0.6726 is about 65 pips from the 200 day MA and only 30 pips from the falling 200 hour MA. Ther... Read More

Posted: Mar 6 2023, 21:06
Author Name: forexlive
Views: 102672

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