AUD/USD Maintains Bid; Watch .9412

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AUD/USD Maintains Bid; Watch .9412

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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-“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

--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.


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