Technical Analysis – AUDUSD attempts to conquer capping 200-day SMA
AUDUSD though having recently failed (in the past two days), appears to persist in tackling the area, from the 200-day simple moving average (SMA) at 0.6642 to the tough border of 0.6684, which includes the 76.4% Fibonacci retracement of the down leg from 0.7031 to the 17½-year low of 0.5506, at 0.6669. The pairs’ efforts […]