menu search

AUDUSD rebounds higher today. Price extends above 100 hour MA

AUDUSD rebounds higher today. Price extends above 100 hour MA
The AUDUSD has seen a corrective move higher in trading today. Recall from yesterday, the price extended to a new low for the month taking out the 0.6607, but only by a few pips. The low price reached 0.66043. In the video, I spoke about getting back above resistance at 0.6618 – 0.6625 as a minimum retracement level that might disappoint sellers. In the Asian session today, the price did see price action back above that level, turning sellers into buyers. More recently, the price has also been a... Read More
Posted: May 19 2023, 17:33
Author Name: forexlive
Views: 102660

Search within

Pages Search Results: