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

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... Read More
Posted: Sep 14 2023, 14:08
Author Name: forexlive
Views: 091230

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