Technical levels are clear...
The AUDUSD has been waffling in an up and down trading ranged with 0.6932-376 as a topside ceiling and 0.6911 as a lower floor. Just above that floor is the 100 hour MA at 0.6915.
Traders are ping ponging the pair between those levels. At some point, there should be a break and run in the direction of the break.
For more discussion on the pair, take a look at the post from yesterday HERE
