AUDUSD bounces off 100 hour MA

Breaking back above swing area….
The bounce has now taken the price back above a swing area defined by recent highs and lows. That area comes in between 0.69927 and 0.69967. The pair is currently trading around 0.7002.  Stay above the swing area keeps the buyers more in control.  A move back below would muddy the waters and keep the buyers and sellers