Forex technical analysis: AUDUSD failed below the 100 day MA

Discussion in 'Technical Analysis' started by ForexLive, Sep 15, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Can it get above the the 100 hour MA now The AUDUSD traded below the 100 day MA on Tuesday. Yesterday, the price traded above and below the MA level but could not take out the Tuesday low. Today the price traded above and below, but in the last hour, the traders seemed to have said "the heck with going lower. Sellers had their shot. Let's see if we can take it higher." The sellers are giving up.

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