To the upside, the pair faces a firm ceiling between 0.65357 and 0.65536, marked by a series of swing highs. Multiple failed attempts to break above this area suggest strong selling interest, making it a key barrier to further bullish momentum.
In between, sits the 100-bar moving average on 4-hour chart at 0.64848. That MA was a base for the price in trading today.
Key Resistance Levels:
Key Support Levels:
0.64625: Rising 200-bar MA – key support for current bullish bias
0.64072: Prior swing low; move below here would strengthen bearish case
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about audusd trades between key support and ceiling ahead of fomc 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 ( AUDUSD trades between key support and ceiling ahead of FOMC )
Also on site :
- 1968 Figure Skating Legend Won the Gold at 19 Years Old After Tragic Plane Crash Devastated Entire U.S. Team
- INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Wix.com Ltd. Investors with Substantial Losses Have Opportunity to Lead the Shareholder Class Action Lawsuit - WIX
- Cult-Favorite Restaurant Chain, With the Country's No. 1 Burger, Makes Major Move In-N-Out Has Always Avoided