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Forex technical analysis: AUDUSD makes new day highs

Discussion in 'Technical Analysis' started by ForexLive, Sep 8, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Risk on The AUDUSD is trading at new session highs and in the process is moving further away from the 100 hour MA (currently at the 0.6975 level). China trade data was not so hot today, but the AUDUSD did not take out lows from Monday's trading. That - along with a stabilizing/rising stock market - has helped turn the sentiment more positive.

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