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The AUDUSD technical story remains the same, with a negative tilt.

The AUDUSD technical story remains largely the same. The pay remains within its up-and-down trading range (see red box on the chart below) with a short-term negative bias. The negative technical bias comes because the price is below the 100 and 200 bar moving averages on the 4-hour chart between 0.6423 and 0.6436. Staying below those moving averages will keep the sellers more in control.Having said that, the low extreme today stalled near the low extreme from last week and the low extreme from... Read More

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Content Topics

Audusd

Technical

Story

Remains

Same

With

Negative

Tilt

Forex

Posted: Sep 26 2023, 14:24

Author Name: forexlive

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