Daily Bars

Prepared by Jamie Saettele, CMT
The AUDUSD (like all USD pairs) rally stalled at channel resistance weakness ensued during the US session. The pattern from the 1/24 low is probably unfolding in 5 waves. As such, another high (above 10687) is expected. A test of the October high at 10752 cannot be dismissed either. Support for Friday is 10590 and 10540.
Bottom Line – flat