The AUDUSD corrected higher immediately and within the course of snapped a 5-day down streak for the pair (higher USD within the course of). The correction higher, nevertheless, it did discover keen sellers in opposition to its falling 100-hour shifting common of 0.63914. Ultimately if the consumers are to take management, they want to get above – and keep above – the 100 hour shifting common of 0.63914. Absent that and the sellers are nonetheless extra in management.
