| The AUDUSD is currently experiencing a dynamic tug-of-war as buyers make a notable play by testing the 100-hour moving average (MA). The pivotal question arises: Can buyers successfully drive the price above the MA and maintain their position, or will sellers exert their influence and push the pair back lower? In this analysis, we closely examine the ongoing battle between buyers and sellers in the AUDUSD, discuss the significance of the 100-hour MA, and explore the potential outcomes based on different scenarios. Stay informed and make well-informed trading decisions by understanding the dynamics at play in this currency pair. |
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