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AUDUSD retraces back to the 100 day MA. Can buyers hold support?
The AUDUSD closed right near its 100-day moving average on Friday after extending above the level moving to a high near 0.6750 before rotating back to close at 0.6743. That was just above the 100-day moving average currently at 0.67376 (see blue line in the chart above). The last time the price closed above its 100-day moving average you have to go back to March 3. There had been 4 days since that day when the price moved above the 100-day moving average but there had been no closes above the hi...
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Posted: Jun 12 2023, 15:23
Author Name: forexlive
Views: 081282