{video} AUDUSD has been moving within a horizontal trajectory over the last three months, remaining near the 20- and 40-day simple moving averages (SMAs). However, the 200-day SMA is still moving higher, approaching the current market price. The RSI, around the 50 neutral level, is heading south, while the MACD oscillator is failing to strengthen its movement, holding near the zero level in the short-term. Should prices decline further, an immediate level could be found around 0.7570, an area which has provided crucial support. Then marginally below that, the pair could meet the 200-day SMA, which stands near the ... (full story)