Moving below the low of the swing area and 0.65357 level, would have traders toward next downside targets at the 100- and 200-bar moving averages on the 4-hour chart, which are currently at 0.65106 and 0.64853 respectively. A break below both moving averages would increase bearish momentum and open the door for a retest of deeper support.
For now, the close support is at 0.65357. Get below that level, and the 100 and 200 bar moving averages on the 4-hour chart become the next key levels and the volatile AUDUSD pair.
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about audusd volatility persists as sellers lean against trendline resistance more work to do 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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