Previous post Next post

FOREX QUICK: The buyers in the AUDUSD had their shot to move higher. They missed.

In this FOREX QUICK video, I look at the AUDUSD. The buyers this week had their shot but are ending the week with the sellers back in control in the short term and the long term.  

The pair is closing below the 100 hour MA and a channel trend line. Going forward, it will take a move back above those areas to tilt the bias back to the upside (that would be the minimum).  Absent that and the sellers are in firm control in the short and long term.
Full story here Are you the author?
About Forexlive
Forexlive
Founded in 2008, ForexLive has been the go to source for both professional and retail traders from around the globe. Our core belief is that all traders want relevant and succinct trading information, and we deliver it 24 hours a day.
Previous post See more for 4.) Forex Live Next post
Tags: ,

Permanent link to this article: https://snbchf.com/video/forex-buyers-audusd-move-higher-they/

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.