Forex technical analysis: AUDUSD tests 100 day. The key level. USD is trading at session highs.

A move below would turn the bias more negativeBe aware. The AUDUSD is down testing the 100 day MA at 0.7821 levels. Also near this level is the 38.2% of the move up from the May swing low at 0.7820. A move below would turn the technical bias to the downside.
All in all, the USD is trading near high levels for the day.
The USDCAD is in full swing. Canada, the retail sales data and CPI were below expectations. The pair is trading at its highest level since August 31, and objectives of the 1.2662-72 region (high of August 31, and 100 days of MY (still a ways off, with the pair trading at 1.2607). The 1.2630 is a big trend line on the hourly chart (see chart below).

The pair eur / usd is down to test the 100 bar MA on the 4-hour chart. The key level. The high of yesterday and today stuck at 200 bar MA on the same chart in 4 hours. In the process of testing the 100 bar MA. There should be support buyers through the level of the test.

Добавить комментарий