200 hour MA and 50% broken
Ryan did a . He commented how the AUDUSD was being pressured by declining iron ore prices (lowest levels since 2009). Technically, he also pointed out how the pair reached a short term technical level on Friday, against the 38.2% of the move down from the May high at the 0.7083 area. That move also corresponded with the high from from October. The level held and a move down was started
Forex technical analysis: AUDUSD tumbles lower. Falls below the next key intraday support
