AUDUSD is struggling to push further north of the 0.7300 mark as the 50- and 100-day simple moving averages (SMAs) along with the Ichimoku cloud are directing the pair lower. The overall bearish demeanour of the SMAs is defending the gradual drop in the pair. The Ichimoku lines are not indicating a dominant directional drive […]
The post AUDUSD’s Progress Curbed by Ichimoku Cloud and MAs appeared first on Action Forex.
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