Sellers took control early Monday, driving the pair below both the 100-bar (0.65174) and 200-bar (0.64975) MAs on the 4-hour chart, adding to downside pressure. But that momentum faded, and the price has since rebounded back above both moving averages — a potentially bullish signal in the short term.
Key technical levels:
Support: 0.65974 (200-bar MA on 4-hour chart), 0.6479 (50% of the move up from the June low)
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about audusd rebounds after early dip but upside hurdles remain 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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