The AUDUSD buyers had their shot. They missed. Price is back below 100 day MA

Despite briefly surpassing key levels, the AUDUSD buyers failed to sustain momentum and the price is now back down, signaling a shift in sentiment.

The AUDUSD has traded down and up and is back down this week. On the run higher, the buyers had their shot to run higher with the move back above a key swing level at 0.65229, and the 100-day MA at 0.65298. However, that move failed, and the buyers have turned to sellers once again.

In this video, I take a look at the AUDUSD from a perspective and outline the risks and targets going forward.