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Audusd again in the range up and down
Earlier this week, Audusd erupted over the main swing area and the upper limits of the unification range dating back to April 15, as it moves to the highest level 0.65135. The upward collapse guarantees a step above Mobile average for 200 days at 0.64587It indicates a strong purchase interest.
However, the momentum faded. In the wake of the Federal Reserve Average decision on Wednesday, the husband fell to a master’s degree of 200 days, and on Thursday, a corrective gathering stopped directly at the main MA level where the sellers bowed and stopped the upward trend.
In the Asian session today, buyers enter a High direction line supportHelp lift the husband above 100 moving average bar on the graph for 4 hours. But the gains were crowned again near 200 hours M at 0.64291.
In the future, Audusd faces a group of resistance:
Despite the recent decline, the husband remains closer to the highest level of the year. Constipation is above the direction line and 4 hours of 100 bars, but buyers need to restore and achieve a step higher than MA for 200 days to restore full control and build upward confidence.
Later this year,
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