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AUDUSD moves from support at the 200 day MA to resistance at the 100 day MA.

The AUDUSD corrected in the early Asian session after the sharp move higher yesterday took the price above the 200 day moving average and a retest of the high price from Wednesday. The move to the downside in the Asian session took the price down to retest the 200 day moving average at 0.66905. Support buyers leaned against that he moving average level. Sellers turned to buyers and pushed the price to new highs for the week.The run to the upside however did reach the next key target at the 100 d... Read More

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Audusd

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Support

Resistance

Forex

Posted: Jun 9 2023, 14:20

Author Name: forexlive

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