Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-“AUDUSD dropped into the April low / trendline on NFP and rebounded into the 61.8% of the decline today (Tuesday).”
-“If the broader bull move has resumed, then expect .9300/20 to hold as support.” Stay constructive but know that .9412 is a possible reaction level.
LEVELS: .9288 .9320 .9367 | .9412 .9460 .9500
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- Basic Materials Industry
- Utility Industry