Previous Close | 1.5433 |
Open | 1.5433 |
Bid | 1.5435 |
Day's Range | 1.5425 - 1.5464 |
52 Week Range | 1.4100 - 1.5945 |
Ask | 1.5440 |
The Aussie has pulled back from the 200 Day EMA on Tuesday, as the US Dollar has seen a bit of a resurgence ahead of the FOMC meeting.
The Aussie has shown itself to be bullish again in the early hours of Monday, as we continue to see a lot of effort to reach the highs of the previous consolidation area.
The Australian dollar has seen a lot of noisy behavior, as recovery was on the menu this past week. At this point, we are in the middle of the overall consolidation area that has been so important in this pair.