AUD/USD continues to flirt with 200-dma
The Australian dollar is trading at a session low and threatens a fresh fall below the 200-day moving average.
AUD/USD fell below the 200-dma for the first time since early March but reversed later in the day and finished higher. That momentum continued yesterday but today’s, 65-pip fall in AUD/USD took out the 200-dma once again.
Australian dollar falls back below 200-day moving average, watch the close
ByAdam Button
May 18, 2016