AUDUSD bounces after failed break lower,but is now finding willing sellers near swing area ...Middle East

forex live - News
AUDUSD bounces after failed break lower,but is now finding willing sellers near swing area
The AUDUSD moved lower earlier in the day and in the process fell below a key support target defined by the 200 day moving average at 0.6574, and the 50% midpoint of the move up from the October low. That level comes in at 0.65699. The inability to stay below those levels turned sellers into buyers. The lower-than-expected ECI data help the upside momentum.The move to the upside, however, did find willing sellers against the key swing area going back to early December between 0.6612 and 0.6624. Sellers leaned against that area. The price is back below the low of that swing area.What next?With the FOMC rate decision ahead, the market so far as defining the resistance up to 0.6624 and the supp

Hence then, the article about audusd bounces after failed break lower but is now finding willing sellers near swing area 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 bounces after failed break lower,but is now finding willing sellers near swing area )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News