AUDUSD trades between 100/200 hour MAs
100 hour MA at 0.77435. 200 hour MA at 0.7726
The AUDUSD has rebounded higher today after the fall yesterday failed on its run toward the 100 day MA (currently at 0.76812). The pair also failed on a break of neckline support on what set up as a head and shoulders formation.
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April 23, 2021 at 06:33AM