The AUDUSD moves lower to test key support targets. The AUDUSD is trading lower with the stronger dollar and in the process, the price is testing it at 200-day moving average of 0.67246. The last few days have seen early buyers against that moving average level on each of the dips. A break below would have traders targeting the low from Monday's trade at 0.67143. Get below that level and the door opens for further selling potential with the 100-day moving average at 0.66918 as the next key target. |
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