AUDUSD’s positive picture recently received some trauma reversing the pair ahead of the 0.6569 peak, driving it  under the 100-day simple moving average (SMA)and below the 0.6447 level, that being the 61.8% Fibonacci retracement of the down leg from 0.7031 to the 17½-year low of 0.5506. The increase in negative tensions is also suggested by […]