AUDUSD trapped between 100- and 200-hour MAs as traders await breakout ...Middle East

On the downside, today's U.S. session low stalled at the rising 100-hour MA, which is acting as near-term support. A break below 0.6296 would shift the short-term bias back in favor of the sellers, potentially opening the door toward the next support zone near 0.6268 and then 0.6254.

Until then, the battle between buyers and sellers continues to center around the converging moving averages, and the next shove will likely determine the near-term directional bias.

This article was written by Greg Michalowski at www.forexlive.com.

Hence then, the article about audusd trapped between 100 and 200 hour mas as traders await breakout was published today ( Thursday 27/03/2025 - 10:22 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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