The AUDUSD moved off of swing-level support on the hourly chart at 0.6676 both yesterday and early in the Asian session today. After running up to test its falling 100-hour moving average and finding willing sellers, the traders regrouped and made a second attempt in the European session. That move extended above the moving average, but the buying effort failed.The buyers had their shot. They missed.As a result, the price has since rotated back down and has moved back into a swing area between 0.6676 and 0.6689. It would take a model below the lower end of that swing area to increase the bearish bias and have traders looking toward the 61.8% retracement of the December trading range. That le
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