Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-After the largest bull run since the October high, AUDUSD may experience a deep pullback (at least). Support is estimated at .8887 and .8820/33.
-Recent action however raises the possibility of a triangle unfolding from the 2/12 high. In other words, the range may tighten for a few days before a breakout attempt. .9065 is a possible reaction level.
LEVELS: .8951 .8987 .9006 | .9065 .9085 .9167
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