SYFX

AUD/USD hangs on in there but any upside momentum still left wanting

Summary

By sueyangfx.com March 30, 2021 at 08:42AM AUD/USD little changed on the day, paring earlier gains as the dollar firms That said, the mild bounce so far this week hasn’t led to much. The pair has moved back above 0.7600 […]

March 30, 2021 at 08:42AM

AUD/USD little changed on the day, paring earlier gains as the dollar firms
That said, the mild bounce so far this week hasn’t led to much. The pair has moved back above 0.7600 and the 100-hour moving average (red line) but sellers are still keeping a lid on gains with the 200-hour moving average (blue line)

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