The AUDUSD has pushed to a new session high-end in the process has moved back above its 100-day moving average. On Friday, the price moved above that moving averages as well only to stall, and rotate back to the downside. Today, buyers are making another play and train back above the key moving average. Can the buyers keep the momentum going and continue to push to the upside.
This article was written by Greg Michalowski at www.forexlive.com. Source