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The AUDUSD moves above the falling 100 hour MA. First trades above since June 20

The AUDUSD has moved above the 100-hour moving average of 0.66485. That is the first trade above that moving average since falling below on June 20. The price has also moved above a broken swing area between 0.6637 and 0.6652. The area is now close support for buyers looking for more upside. Move back below and the sellers are back in the driver's seatOn the top side, the broken 50% midpoint of the range of the move up from May 31 comes in at 0.66785 and is the next upside target. Above that sit... Read More

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Audusd

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Above

Falling

Hour

First

Trades

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Forex

Posted: Jun 30 2023, 15:00

Author Name: forexlive

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