Forex technical analysis: AUDUSD making a break to the upside

Moves above 200 bar MA on 4-hour chart

The AUDUSD is making a break above the 200 bar MA on the 4-hour chart. That MA held on Thursday and Friday last week. When you see a pattern develop that is then debunked, it says something is up. Can the momentum continue?

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Also, be sure to check out the earlier education video on breaks and what to look for on a break (or a failed break for that matter). That video can be found by CLICKING HERE.

Also, the audio on this video should be much better. I wanted to test out some new hardware with this short video. Do you notice a difference?

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