Forex technical analysis: AUDUSD test floors - ConsultFX

Forex technical analysis: AUDUSD test floors

200 day MA/0.7700 stalled the pair earlier in the day. The RBA kept rates unchanged earlier in the day. The pair moved higher on the neutral statement but ran into technical resistance at the 200 day MA (at 0.76969 today) AND the natural 0.7700 level (the high price reached 0.77001).  Copyright 2015 Forexlive.com