Jamie's Pick: 10/21/11
The AUDUSD continues to test the well defined channel from the August high. The level is bolstered by the 200 day average. As such, a break higher would demand that much more respect and focus would shift higher into 10480 (former support). Near term support comes in at 10300 and 10260. A dip would present an opportunity to get long against the range low for continuation of the monthly trend (which is clearly up).
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