The Traderszone Network

Published in TZ Latest News 10 October, 2017 by The TZ Newswire Staff

Forex technical analysis: AUDUSD hangs around 100 day MA

It is at a key crossroad technically
The AUDUSD fell below its 100 day MA (blue line in the chart below) last Friday and moved to the lowest level since July 14th. That low reached 0.77326. That was just above the 0.77307 level. The 0.77307-55 area is home to a number of swing levels going back