June 30, 2020 at 03:55PM
AUDUSD cracks the 100 and 200 hour MAs. Buyers making a play.
Buyers into the London fixing
The AUDUSD is running higher and in the process has cracked above its 100 and 200 hour moving averages at 0.68705 and 0.68803 respectively (blue and green lines). The price has also moved above the 38.2% retracement at 0.68863,and has tested the high price from yesterday at 0.68990. The 200 hour moving average