AUDUSD moves higher on higher commodities/technicals, but...

Discussion in 'Technical Analysis' started by ForexLive, Sep 3, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    ...runs into floor/ceiling area and 100 hour MA and rotates toward intraday support The AUDUSD is another commodity currency which saw better buying in the NY session. Commodities are higher on the day and technicals have helped contribute. However, the pair has run into some topside resistance which has slowed the rise.

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