AUD/USD consolidates near key near-term levels, what's next? - ConsultFX

AUD/USD consolidates near key near-term levels, what's next?

AUD/USD price action encounters a pause from holiday-thin trading The pair continues to consolidate around the 100-hour (red line) and 200-hour (blue line) moving averages ahead of European trading. The low today was at 0.7368 and tested the 50.0 retracement level of the recent upside move, before hugging the 100-hour MA now.