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AUD/USD break above 200-day MA at 0.7258; signal l-t downtrend

Pair break 200-day MA first time since Sep 2014. Iron ore closed above the 200-day MA yesterday for the first time since Jan 2014 Buying dips in the AUD/USD recommended rather than selling rallies

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EconoTimes — Reading the Times. Understanding the Future.

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  • Pair break 200-day MA first time since Sep 2014.
  • Iron ore closed above the 200-day MA yesterday for the first time since Jan 2014 
  • Buying dips in the AUD/USD recommended rather than selling rallies

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Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560