October 13, 2020 at 02:04AM
100 and 200 hour MAs come in at 0.7272-75
The AUDUSD cracked below the upward sloping trend line on the hourly chart below at 0.7199, and continuation selling sent the pair down toward the 100 and 200 hour MA near converged at 0.71726 and 0.71756. The low price reached 0.7171 and the price bounced marginally.
Author: https://www.forexlive.com/technical-analysis/!/the-audusd-falls-and-tests-the-100200-hour-mas-20201013 Selected by SYFX+