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  • Fascinating read. Highly recommend. https://t.co/ZU71iqJzXe
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Jamie's Pick: 03/10/11

Jamie's Pick: 03/10/11

2011-03-10 16:00:00
Jamie Saettele, CMT, Sr. Technical Strategist
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While it is too early to proclaim that the AUDUSD is in a 3rd (or C) wave lower, today’s decline increases confidence in the downside and shifts focus to former pivot lows at 9943 and 9967. The AUDUSD has been quite a nuisance of late with its tight ranges but persistence and patience may yet pay off. Risk should be above 10135. The target remains open for now.

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