AUDUSD backs off from the 100/200 day MAs. Support near 50% and 100 bar MA on 4H chart
The AUD/USD pair fell to its lowest level since November 2023 on Monday as Japanese stocks tumbled. However, after breaking below the 2024 low at 0.63614, the price only managed to reach 0.6348 before retracing and starting to recover.…