Category: ceiling.What
-
AUDUSD runs higher after US jobs report but stalls at a key ceiling.What next technically?
•
AUDUSD rose sharply after the US jobs report. The price rise pushed the pair above the 100-day moving average at 0.6580, a 50% move down from the December high of 0.66159 and up to the ceiling of the key swing zone between 0.6335 and 0.6345. Sellers built on this ceiling…