AUDUSD falls below 200/100 hour MAs now

The AUDUSD is now again under its 200/100 hour MAs at 0.69308 and 0.69253 respectively. That comes after operating to the very best degree since August 17 as much as 0.70069 (and simply above the 0.7000 degree). The transfer to the upside briefly prolonged above its 50% midpoint of the transfer down from essentially the most 11 excessive at 0.69959, however then jumped on the greenback shopping for bandwagon on its method to and thru the MA ranges.

The draw back, there’s a swing space between 0.6911 and 0.69196. Transfer under that degree and merchants would begin to goal the swing lows for the week which noticed the worth prolong to a low on Wednesday at 0.6878, and on Tuesday at 0.68555.