A technical look at the EURUSD heading into the week starting March 11, 2024 |
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2024-01-31
A swing area in the AUDUSD between 0.6612 to 0.6624 stalled the rise.
2024-01-30
The EURUSD attempted to break above its 200-day and 100-hour moving averages but failed to maintain the momentum. The next targets for downside movement are the swing area between 1.08083 and 1.0824, followed by the 50% retracement level at 1.07936.
2024-01-25
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Trade at your own risk and good luck, investors and traders.
2024-01-23
AUDUSD price falls below 200-day MA and 50% midpoint, indicating bearish bias with potential downside targets ahead. However, support levels may provide resistance. Traders closely watching for further movements.
2024-01-22
The trading range is only about 32 pips today (vs 1-month average of 63 pips)
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