Friday , 22 November 2024
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Forex

AUDUSD rotates lower and returns a cluster of technical levels between 0.6635 and 0.6647

The AUDUSD moved up and down today and in the process fell to a cluster of technical levels including the 100 and 200-hour MAs, the 100 bar MA on the 4-hour chart and a swing area between 0.6635 to 0.6647. The price is currently in that area as the week comes to a close. The area will be a barometer for both the sellers today and going-forward in the new week

This article was written by Greg Michalowski at www.forexlive.com.

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