AUDUSD back below the 100 hour MA as China/risk off weigh | EdgeTradings
TOP 6 Benefits of Forex Trading

TOP 6 Benefits of Forex Trading

  Why are forex trading signals important?       "You are fascinated with the idea of currency trading. But you're on the edge about whether it's the best way for you to generate money. Well, we can help."   What is forex trading? Foreign exchange trading, often known as forex trading, is the process of purchasing and selling currency values...

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AUDUSD back below the 100 hour MA as China/risk off weigh


100 hour moving average at 0.72596 is now resistance. Those two technical breaks along with the fact that the price highs both yesterday and today stalled ahead of the 38.2% retracement, and within the swing area between 0.73125 and 0.73226, was the technical catalysts for more downside momentum.  

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