AUDUSD non trends with hourly MAs as resistance, and daily MA support below.

200 hour MA above at 0.77564.  100 day moving average at 0.77253

The AUDUSD traded in a range today with a low at 0.7723 and a high at 0.7757.  That range fits nicely (mostly) between the 100 day MA below at 0.77253 (the low was just 2 or so pips below that MA) and the 200 hour moving average above at 0.77564. The high was a fraction of a pip above that MA.

200 hour MA above at 0.77564.  100 day moving average at 0.77253_  

The total range of 34 pips is 1/2 of the 68 pip average of the last 22 trading days. 

A non trend day with MA resistance above, and MA support below.

Source

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