Australian Dollar Early Month Levels Of Interest are 10450 and 10090
300 Minute Bars
Prepared by Jamie Saettele, CMT
Both the rally from the October low and subsequent decline into November are corrective, which has me thinking that a triangle or flat is underway. If a flat, then price would eventually exceed 10750. If a triangle, then the range will tighten from here. Resistance is 10445 and support 10090 and 9950. The NFP spike this morning is as good a time and place as any for at least a near term top.
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