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AUDUSD extends above 200 day MA. Buyers in control.

High from yesterday eyed.

The AUDUSD is up testing the high from yesterday's trading at 0.6717. The high price just reached 0.67149 after breaking back above its 200-day moving average of 0.66907.

What next?

Moving above the 200-day moving average sets is as a risk-defining level once again. Stay above is more bullish. On the top side, the 100-day moving average at 0.67425 would be the next key target on a break of the high from yesterday at 0.6717. The last time the price traded above its 100-day moving average was back on May 11.
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