Australian Dollar Trendline Confluence at 10350
Prepared by Jamie Saettele, CMT
The AUDUSD is up nearly 1000 pips from the low (made last week!). Price is closing in on the trendline that extends off of the August and September highs (10350) and 200 day average (10375). The mid September pivot is also at 10400. One would expect strong resistance at 10350/10400.
Trend Strength (M,W,D) – (1), (1), 1
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