AUDUSD moves down to test the trend line/MA levels

BY admin admin

100 and 200 hour MAs being tested
The AUDUSD is consolidating in up and down trading. The pair moved up to test a topside trend line (currently at 0.7766 and moving lower) in the London morning session. The last 5 hours has seen the price move to test a lower trendline along with the 200 hour moving average and 100 hour moving average (green

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