AUDUSD Doji at Confluence of Resistance
Forex pairs in this Article »
AUD/USD
Daily Bars
Prepared by Jamie Saettele, CMT
The AUDUSD has reached the bottom of the "10225/10240 area (April low, 50% retracement of decline from February high, 100% extension of rally from 9580 and 13 week average) but also held 10130 support today. We may be in for a topping process over the next several days in the guise of a 4th wave drop into 10075-10100 before the final high.
LEVELS: 10010 10055 10130 10225/40 10305 10370
Prepared by Jamie Saettele, CMT
The AUDUSD has reached the bottom of the "10225/10240 area (April low, 50% retracement of decline from February high, 100% extension of rally from 9580 and 13 week average) but also held 10130 support today. We may be in for a topping process over the next several days in the guise of a 4th wave drop into 10075-10100 before the final high.
LEVELS: 10010 10055 10130 10225/40 10305 10370
Free Annual Reports
