Technical Analysis

AUDUSD strikes above 100 bar MA on Four-hour chart

Trades to new session highs

The AUDUSD moved sharply increased with the greenback promoting right now. The worth moved above it is 100 bar MA earlier by a number of pips. Backed off, however is again above the MA degree.  Patrons are attempting to present one other bullish push. 

Beneath is the Four hour chart. The flash crash made a large number of the chart however the value has been pushing increased since.  The zero.7165 degree can be the following goal on extra bullish momentum. Above that and the 100 and 200 day MAs are converged at zero.7188.


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