{"id":1637,"date":"2021-08-04T13:22:43","date_gmt":"2021-08-04T16:22:43","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1637"},"modified":"2021-08-04T13:22:45","modified_gmt":"2021-08-04T16:22:45","slug":"audusd-returns-back-to-hourly-mas-as-the-break-outside-the-recent-up-and-down-range-fails","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/08\/04\/audusd-returns-back-to-hourly-mas-as-the-break-outside-the-recent-up-and-down-range-fails\/","title":{"rendered":"AUDUSD returns back to hourly MAs as the break outside the recent up and down range fails"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">The pair finally broke outside the 97 pip range that kept the pair contained for 10 days but failed<\/h2>\n\n\n\n<p>The AUDUSD\u00a0has returned back to its 100 and 200 hour moving averages between 0.7372 and 0.7378.\u00a0 The move back to the downside came after the pair\u00a0finally broke out of the 97 pip trading range that contained the market between a low of 0.73165 and\u00a00.74130 over the last 10 or so trading days.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/az705044.vo.msecnd.net\/20210804\/2021-08-04_8-46-52.jpg\" alt=\"The pair finally broke outside the 97 pip range that kept the pair contained for 10 days but failed\"\/><\/figure>\n\n\n\n<p>However,\u00a0fundamental news from the\u00a0record ISM service index, and a tilting toward bearish comments from the Fed Vice Chair Clarida, sent the price back to the downside (higher USD), and back toward the hourly MA level.\u00a0<\/p>\n\n\n\n<p><br>Going forward, it will take a move below &#8211; and stay below &#8211; the MAs now to\u00a0increase the bearish bias.\u00a0 If done, the lows from\u00a0yesterday at 0.73605 and 0.7354 would be the next target. Below that and traders will eye the 0.73306 to\u00a0 0.73416 swing area (blue numbered circles.<\/p>\n\n\n\n<p>For close risk watch the 0.7387 to\u00a00.73905 as\u00a0resistance (see red numbered circles).\u00a0\u00a0<\/p>\n\n\n\n<p><em>Source:<a href=\"https:\/\/wintrademarkets.com\/\" data-type=\"URL\" data-id=\"https:\/\/wintrademarkets.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/wintrademarkets.com\/<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pair finally broke outside the 97 pip range that kept the pair contained for 10 days but failed The AUDUSD\u00a0has returned back to its 100 and 200 hour moving averages between 0.7372 and 0.7378.\u00a0 The move back to the downside came after the pair\u00a0finally broke out of the 97 pip trading range that contained [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1040,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":{"0":"post-1637","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-daily-news"},"_links":{"self":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1637","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=1637"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1637\/revisions"}],"predecessor-version":[{"id":1638,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1637\/revisions\/1638"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/1040"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}