The AUDUSD is trading higher and lower in trading today in a narrow range. The high prices, however, have been able to stay below its 100-day moving average at 0.65317. The high price for the day came in at 0.65306. Also in play is a swing area at 0.65229. That level goes back to November through February where there have been several swing lows/highs at the level.As we advance, if the price can stay below the 100-day moving average, the bias is more to the downside. Move above, in that bias flips more in favor of the buyers.On more downside momentum, the 61.8% retracement of the move-up from the October low comes in at 0.6499. The low price last week came in at 0.64687. There is a swing are
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