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AUDUSD trades up and down with a 200 day moving average stalling before today

The AUDUSD fell lower in the early Asian session, and in the process tested support targets near the 61.8% retracement of the move up from the July 6 low at 0.67117, and the 200-day moving average of 0.67175. The low price reached 0.6714 between those levels, and bounced higher.The price action has been up and down since then with resistance up near at 0.67546. That level represents the high of a swing area between 0.6737 and 0.67546. The 50% midpoint of the move up from the July 6 low comes in... Read More

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Audusd

Trades

Down

With

Moving

Average

Stalling

Before

Today

Forex

Posted: Jul 24 2023, 15:18

Author Name: forexlive

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