> AUDUSD trades below the 100/200 hour MAs ahead of Chair Powell speech (bearish tilt)

Technical Analysis

USD

AUDUSD trades below the 100/200 hour MAs ahead of Chair Powell speech (bearish tilt)

The AUDUSD 100/200 hour MAs are near 0.6432 area

Greg Michalowski

Friday, 25/08/2023 | 13:53 GMT

What key levels are in place through the Jackson Hole speech for the AUDUSD. Bias is tilting more to the downside as the pair remains below its 100 and 200 hour moving averages near 0.6432.

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