AUD/USD nudges higher to test key technical resistance again ...Middle East

News by : (forex live) -
And that is seeing AUD/USD buyers capitalise a little in pushing price back towards the 200-day moving average (blue line), seen at 0.6526 on the day. The pair saw price movement capped by the key technical level yesterday and here we are testing it again. As much as buyers look to be trying, they'd need confirmation from US data in the next two days to solidify any convictions.But for now at least, there is some decent momentum being held following the stronger Australia CPI data this week.Besides the 200-day moving average, there is also the 61.8 Fib retracement level (red) at 0.6536 to offer some added resistance. But I'd wager a break of the former to give buyers more momentum overall. T

Hence then, the article about aud usd nudges higher to test key technical resistance again was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( AUD/USD nudges higher to test key technical resistance again )

Last updated :

Also on site :

Most Viewed News
جديد الاخبار