The AUD/USD rebound following the 2019 forex market flash-crash has been capped by the 200-Day SMA (0.6909), with the alternate p
The AUD/USD rebound following the 2019 forex market flash-crash has been capped by the 200-Day SMA (0.6909), with the alternate price staging a number of failed makes an attempt to interrupt/shut above the transferring common all year long.
AUD/USD Every day Chart (Chart 1)
The conduct appears poised to persist in 2020 as an analogous state of affairs takes form in December. Take into accout, the damaging slope within the easy transferring common dates to 2018 when AUD/USD carved a double prime formation between September 2017 and January 2018.
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