KeytoMarkets

AUDUSD: Rejected again at 200MA

Short
KeytoMarkets Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
The cross was rejected again at 200MA and has broken below the parallel support 0.7744. The daily and weekly studies RSI and oscillator are remaining bearish. After breaking the parallel support, we forecast two targets pointing to 0.7670 and 0.7640 its 100MA (weekly).

Comment:
Friday's low was 0.7655

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