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AUDUSD runs up to 100 hour MA/swing area. Finds sellers.

AUDUSD runs up to 100 hour MA/swing area. Finds sellers.
The AUDUSD has reversed back to the upside- trading to a new session high - after the run lower in the European session failed to extend below October lows. The low price today reached 0.6288. The low price for October was down at 0.62846 and then 0.62856.That started the run higher. The last hour - with yields coming down - has seen a move to new highs in the AUDUSD. Having said that, there has been a limit to the upside run. The following 100-hour moving average at 0.63299 has stalled the ral... Read More
Posted: Oct 23 2023, 15:22
Author Name: forexlive
Views: 112254

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