Down and up day but last move higher disappoints
Looking at the AUDUSD the price action today is down and up. It is now back down. The move back higher today took the price back above the 0.7466-69 area. There has been a number of swing levels in that area over the last week. It even got above the 200 bar MA on the 4-hour chart (currently at 0.74742). Those moves failed.
Forex technical analysis: AUDUSD rally failing. Can sellers take and keep control?
