Australian Dollar Closing in on September High
300 Minute Bars
Prepared by Jamie Saettele, CMT
The AUDUSD, also known as the freight train, is close to taking out its September high of 10764! A Fibonacci extension also rests at 10724. An extended advance above the August high of 11078 cannot be dismissed as the decline from that level is left as a 3 wave drop. Near term support is 10610 and 10550.
Trend Strength (M,W,D) – (1), 0, 1
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