The Traderszone Network

Published in TZ Latest News 8 December, 2016 by The TZ Newswire Staff

Forex technical analysis: AUDUSD settles between MA levels.

The rally yesterday was impressive but most of the gains given back
The AUDUSD has a horrible GDP number on Wednesday that saw the price move down from around 0.7473 to a low of 0.7415. The low yesterday could not take out the weeks lows at 0.7410-13 and snap back rally began.