jsaettele

Aussie Responding to Resistance

FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
.7000/30 is well-defined in AUDUSD. Even if the 7/14 low is significant, a pullback from the current level 'makes sense'. .6850 is probably the spot to watch for support...there are a number of daily highs/lows around that level since mid-June. -Jamie

Director of Technical Research at Krilogy, author Sentiment in the Forex Market

Twitter: twitter.com/jamiesaettele
Website: www.krilogy.com/
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