free forex signals

  1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

Forex technical analysis: AUDUSD falls below 200 day MA on hawkish minutes

Discussion in 'Technical Analysis' started by ForexLive, May 18, 2016.

  1. ForexLive

    ForexLive Forum Member

    Joined:
    Sep 2, 2015
    Messages:
    15,252
    Likes Received:
    1
    A close below 200 day MA at 0.72575 would be more bearish. The AUDUSD tumbled lower after the more the hawkish FOMC meeting minutes. The move has now taken the price below the 200 day MA at the 0.72575 level. The pair opened the trading week below the 200 day MA but rebounded. It has not closed below the MA since March 1, 2016.

    Read full forex technical analysis here
     

Share This Page

forex_managed_account_1