The 2024 low stands at 0.61785, just 9 pips above the 2022 low of 0.6169. As long as the price remains below the 100- and 200-hour MAs, sellers maintain control. Key downside targets include the 0.61785 low and the critical 0.6169 level. Interim support exists between 0.61917 and 0.61999.
For buyers to regain control, a move above and sustained trading beyond the 100- and 200-hour MAs is required. Without that, the technical outlook remains firmly in the sellers' favor.
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about audusd sellers take the price below the 100 200 hour mas increasing the bearish bias 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.
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