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Thomaswestw

AUD/USD at Critical Point. Will bears score another victory?

Dollar Australia / Dollar AS (FX_IDC:AUDUSD)  
Thomaswestw  
FX_IDC:AUDUSD   Dollar Australia / Dollar AS
Support and Resistance Fibonacci Moving Averages AUDUSD
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supportandresistance fibonacci movingaverage audusd
AUD/USD is trading at its 61.8% Fibonacci retracement and 50-day Simple Moving Average. Meanwhile, RSI is tracking below the neutral 50 mark, and MACD is nearing a cross below its centerline. Will prices rebound or break down further? A break lower may see the 100-day SMA threatened.
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