Forex technical analysis: AUDUSD falls to MAs and sees a bounce - ConsultFX

Forex technical analysis: AUDUSD falls to MAs and sees a bounce

Retraces the retail sales gains The AUDUSD moved up to the underside of an long trend line in the Asia-Pacific session, and moved back lower. The fall has culminated in a run to the 100 and 200 hour MA at 0.78458-0.78508. Traders used the levels to land and the price has rebounded a bit.  The move lower Copyright 2015 Forexlive.com