AUD/USD: Buyers establishing a near-term base - ConsultFX

AUD/USD: Buyers establishing a near-term base

AUD/USD continues to trade above the 100-hour MA ForexLive A more positive mood in markets and a weaker dollar is helping to provide some stability in AUD/USD after the initial spike higher in Asian trading. The pair moved to test the 100-hour MA (red line) and after breaking it, has continued to stay above now as we