AUDUSD: Buyers had their shot. They missed. ...Middle East

The high price could only get to 0.6390.

Looking at the four-hour chart, a swing area between 0.6326 and 0.6336 is the next target and the price today has moved modestly below that level reaching a low price of 0.6321. However, the 200-hour moving average at 0.6317 (see the green line on the hourly chart below) is now in play and seems to be stalling the fall.

Focusing on the hourly chart, the 100-hour moving average comes in at 0.6336 and the price now sits between the 200-hour moving average and the 100 hour moving average. Traders will be watching those levels for bias clues.

Move above 100-hour MA, and the 100-day MA will be targeted at 0.6349. Move below and the 100/200 bar MA on the 4-hour chart comes in at 0.6298 This article was written by Greg Michalowski at www.forexlive.com.

Hence then, the article about audusd buyers had their shot they missed was published today ( Wednesday 19/03/2025 - 05:52 PM ) 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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