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Friday, March 3, 2023

Technical: Technical Update - AUDUSD, AUDNZD, AUDJPY & EURAUD

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Alert Alert Mar 3, 2023, 11:13pm
 
Technical: Technical Update - AUDUSD, AUDNZD, AUDJPY & EURAUD
AUDUSD reached 1.618 projection of the Shoulder-Head-Shoulder pattern and despite there still being downside potential to the 2.00 projection and strong support at around 0.6640 the pair could have run its course. If AUDUSD moves back above the 200 daily Moving Average (SMA) there is a great likelihood it will move back above the Neckline and the 55 SMA. If ...
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