Forex Review Online
No Result
View All Result
  • Home
  • Crypto
  • Education
  • News
start trading today
  • Home
  • Crypto
  • Education
  • News
No Result
View All Result
Forex Review Online
No Result
View All Result
Home ANALYSIS

AUDUSD trades to the highest level in 34 days

A.R Chowdhury by A.R Chowdhury
March 2, 2022
Reading Time: 1 min read
0
AUDUSD trades to the highest level in 34 days

AUDUSD

AUDUSD on the hourly chart

The AUDUSD is trading to new session highs and in the process is trading at the highest level in 34 trading days. The price traded above the high price from yesterday which tested swing highs going back to January 12 and January 14 between 0.7289 and 0.7292. The current prices trading at 0.7303. The aforementioned swing area is now close support intraday. Staying above is more bullish (traders may also use the swing high from last week at 0.7283 as close risk now).

The next upside target comes in against the January 13 high at 0.73128. Above that is the falling 200 day moving average of 0.73257. The last time the price traded above the 200 day moving average was back on July 6. In October, the price tested that moving average line and found willing sellers.

ADVERTISEMENT – CONTINUE READING BELOW

Source link

RELATED POSTS

EURGBP erases gains and returns to a familiar bias defining level

New highs for US stocks. The Nasdaq continues to lead

USDJPY has 3 key technical levels that have stalled the rally higher today

ShareTweetPin
A.R Chowdhury

A.R Chowdhury

Related Posts

EURGBP erases gains and returns to a familiar bias defining level
ANALYSIS

EURGBP erases gains and returns to a familiar bias defining level

August 14, 2022
New highs for US stocks. The Nasdaq continues to lead
ANALYSIS

New highs for US stocks. The Nasdaq continues to lead

August 14, 2022
USDJPY has 3 key technical levels that have stalled the rally higher today
ANALYSIS

USDJPY has 3 key technical levels that have stalled the rally higher today

August 14, 2022
WTI crude oil futures settle at $92.09
ANALYSIS

WTI crude oil futures settle at $92.09

August 14, 2022
Bitcoin technical analysis, bulls might be giving up soon
ANALYSIS

Bitcoin technical analysis, bulls might be giving up soon

August 14, 2022
The weekend forex technical report for the week of August 15, 2022
ANALYSIS

The weekend forex technical report for the week of August 15, 2022

August 14, 2022
Next Post
EURUSD trades back in the range from the low in January and the low in Febuary

EURUSD trades back in the range from the low in January and the low in Febuary

The AUD is the strongest and the EUR is the weakest as the NA session begins

The AUD is the strongest and the EUR is the weakest as the NA session begins

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Stories

USDCHF runs to new low after NY correction stalls ahead of its 100 day MA

May 27, 2020

USDJPY retest the broken trend line after break lower yesterday

June 25, 2020

USDCAD waffles above 200 hour MA today

July 31, 2020

Popular Stories

  • New highs for US stocks. The Nasdaq continues to lead

    New highs for US stocks. The Nasdaq continues to lead

    0 shares
    Share 0 Tweet 0
  • The USD is the strongest and the NZD is the weakest as the NA session begins

    0 shares
    Share 0 Tweet 0
  • EURGBP erases gains and returns to a familiar bias defining level

    0 shares
    Share 0 Tweet 0
  • What is forex and How does it work?

    0 shares
    Share 0 Tweet 0
  • Bitcoin technical analysis, bulls might be giving up soon

    0 shares
    Share 0 Tweet 0
Forex Review Online

© 2022 My Forex Review - Designed with Jnews Theme.

Navigate Site

  • Home
  • Crypto
  • Education
  • News

Follow Us

No Result
View All Result
  • Home
  • Crypto
  • Education
  • News

© 2022 My Forex Review - Designed with Jnews Theme.