AUDUSD Cautiously Positive As It Nears Restrictive Trend Line

<p>AUDUSD appears to have stalled between the 0.6449 level – that being the 61.8% Fibonacci retracement of the down leg from 0.7031 to 0.5506 – and the 50.0% Fibo of 0.6268, after the latest shove up reversed ahead of the falling trend line, drawn from December 31. The price is gaining above the 50-day simple moving […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/289506-audusd-cautiously-positive-as-it-nears-restrictive-trend-line/">AUDUSD Cautiously Positive As It Nears Restrictive Trend Line</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>