AUDUSD back near unchanged. Sellers had their shot. Buyers had their shot. Both missed

<p>The AUDUSD sellers had their shot in early US trading below a swing area between 0.6453 to 0.6458. They missed.</p><p>The subsequent move to the upside then moved through the high from last week at 0.6784, but could not extend above the high from 2 weeks ago at 0.65228. Buyers turn to sellers.. The buyers had their shot. They missed.</p><p>The price has returned back to near unchanged on the day as we head into the new trading day. As a result, it's a redo for tomorrow. </p><ul><li>On the downside move below 0.6453 – 0.6458 and sellers are more in control with the 100 and 200-hour moving averages near 0.6435 as the next downside target.</li><li>Conversely, if the high price from yesterday and last week at 0.6487 is broken to the upside, look for additional momentum with targets at 0.6496, 0.65136, and 0.65228 (the high price from 2 weeks ago and today) as the next targets.</li></ul><p>As for today, the buyers and sellers tried, but each failed.</p>

This article was written by Greg Michalowski at www.forexlive.com.