| The AUDUSD is below its 100 hour MA but still above the 200 hour MA. The NZDUSD is below both MAs. Bearish. |
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The EURUSD had moved lower to the next target support, setting the levels for next week.
2024-10-04
The 61.8% retracement at 1.0944 and a swing area between 1.0942 and 1.0949 will be a key bias defining level for next week’s traders. Move below is more bearish.
The story remains the same for the USDCHF as the “Red Box” resistance target stalls rise.
2024-10-03
The high of the up and down consolidation at 0.85368 stalled the rally today.
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