AUDUSD Hovers Around 200-day SMA after Decline Halts

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2021/08/f-aud144.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2021/08/f-aud144.jpg 612w, https://www.actionforex.com/wp-content/uploads/2021/08/f-aud144-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2021/08/f-aud144-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2021/08/f-aud144-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>AUDUSD pauses short-term retreat at December low Double bottom pattern triggers a rebound, but 200-SMA holds strong Momentum indicators remain heavily tilted to the downside AUDUSD experienced a vast selloff following its December peak of 0.6870, breaking below both its 50- and 200-day simple moving averages (SMAs). Although the pair managed to halt its retreat at […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/537035-audusd-hovers-around-200-day-sma-after-decline-halts/">AUDUSD Hovers Around 200-day SMA after Decline Halts</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>