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AUDUSD runs up to 100 hour MA/swing area. Finds sellers (for now).

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 failure to extend lower started the run higher. The last hour - with yields coming down and stocks moving higher - has seen a move to new highs in the AUDUSD. Having said that, there has been a limit to the upside run. The falling 100-hou... Read More

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Content Topics

Audusd

Runs

Hour

Ma

Swing

Area

Finds

Sellers

For

Now

Ma swing

Forex

Posted: Oct 23 2023, 15:22

Author Name: forexlive

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