AUD/USD Trades Between 20 day MA and Near Term Fibo
Daily
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader and see ideas on other USD crosses
-“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.” The rate held .9320 on Tuesday before
LEVELS: .9275 .9300 .9320 | .9362 .9412 .9446
--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.
