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AUDUSD trades the short term retracement levels today. What next?

The AUDUSD has been trading up and down in trading today, but technically, the 38.2% retracement of the move down from the September 1 high at 0.64198 and 100 hour moving average near the same level, held support. Conversely, on the top side, the rally stalled against the 61.8% retracement of the same September trading range at 0.64587. In between, sits the 50% midpoint at 0.64392. That will be the short-term barometer for more bullish or more bearish.So although the up-and-down volatility can...
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Posted: Sep 14 2023, 14:08
Author Name: forexlive
Views: 091230