{"id":1459,"date":"2021-06-24T11:47:42","date_gmt":"2021-06-24T14:47:42","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1459"},"modified":"2021-06-24T11:47:44","modified_gmt":"2021-06-24T14:47:44","slug":"audusd-looks-to-test-cluster-of-resistance-2","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/06\/24\/audusd-looks-to-test-cluster-of-resistance-2\/","title":{"rendered":"AUDUSD looks to test cluster of resistance"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">The&nbsp;38.2%&nbsp;retracement and 200 hour moving average being tested<\/h2>\n\n\n\n<p>The AUDUSD is\u00a0trading to a new session high in the process is\u00a0running into topside resistance defined by the 30.2% retracement of the move down from the June 11 high. That level comes in at 0.75902 and the\u00a0falling 200 hour moving average currently at 0.75935. The\u00a0high price just reached 0.75911.\u00a0\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/az705044.vo.msecnd.net\/20210624\/2021-06-24_7-12-02.jpg\" alt=\"The\u00a038.2%\u00a0retracement and 200 hour moving average being tested\"\/><\/figure>\n\n\n\n<p>Also in the area are swing lows and highs going back to June 16 which come in between 0.75918 and 0.76014.<br>The\u00a0cluster of resistances is\u00a0attracting sellers\u00a0on the first look as risk can be defined and limited. A\u00a0move above 0.76014 would likely\u00a0trigger more buying.\u00a0<\/p>\n\n\n\n<p><br>On the downside, the price low yesterday stalled near the 100 hour moving average. That gave the buyers the push to take the price back above the 200 day moving average at 0.75542. If sellers start to push the price back lower, and turn the gains today into losses (the price is up 11 pips currently on the day),\u00a0a move toward that 200 day moving average cannot be ruled out.<\/p>\n\n\n\n<p><em>Source:<a href=\"https:\/\/www.forexlive.com\/technical-analysis\/!\/audusd-looks-to-test-cluster-of-resistance-20210624\" data-type=\"URL\" data-id=\"https:\/\/www.forexlive.com\/technical-analysis\/!\/audusd-looks-to-test-cluster-of-resistance-20210624\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.forexlive.com\/technical-analysis\/!\/audusd-looks-to-test-cluster-of-resistance-20210624<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The&nbsp;38.2%&nbsp;retracement and 200 hour moving average being tested The AUDUSD is\u00a0trading to a new session high in the process is\u00a0running into topside resistance defined by the 30.2% retracement of the move down from the June 11 high. That level comes in at 0.75902 and the\u00a0falling 200 hour moving average currently at 0.75935. The\u00a0high price just [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1046,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-1459","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-hft"},"_links":{"self":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/comments?post=1459"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1459\/revisions"}],"predecessor-version":[{"id":1460,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1459\/revisions\/1460"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/1046"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}