50 Period Moving Average

AUD/USD has recovered from last week’s 0.6903 low to trade near 0.6970 despite a stronger US dollar and weaker iron ore prices. Technical traders remain cautious, with the pair still below key trend indicators as attention turns to Federal Reserve minutes.

Bitcoin traded near $65,100 on Tuesday, holding above the key $65,000 area as United States ETF inflows continued and Strategy avoided fresh Bitcoin sales. Technical traders are watching whether BTC/USD can extend toward $67,375 or lose momentum below the 50-period moving average at $64,180.