AUD/USD Remains Firm but Last Week’s High is Dividing Line

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.
eliottWaves_aud-usd_body_Picture_8.png, AUD/USD Remains Firm but Last Week’s High is Dividing Line

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-AUDUSD has responded to the 2011 low and 2009 high (.9386-.9405), late November high and channel resistance. Look lower as long as price is below last week’s high. Downside levels of interest are .9205 and .9138 (and watch the channel support).

LEVELS: .9205 .9264 .9307 | .9389 .9412 .9446

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


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