AUDUSD trades between MAs (goal posts) with overhead cluster of resistance
Swing area, 200 hour MA and 38.2% of the month trading range stalls the rally
The AUDUSD moved above its 100 hour moving average for the first time since July 15 in the Asian session. That tilted the bias more to the upside and the price moved higher.
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July 22, 2021 at 09:30AM