AUDUSD 10450 and 10650 are Levels to Fade
Prepared by Jamie Saettele, CMT
I’ll continue to look lower towards the 1/17 high at 10449 and 200 day average at 10410 but probably not before strength into 10655 and maybe even 10715. In other words, employ a range strategy over the next few days (sell strength at resistance and buy weakness at support). The larger trend is down against 10815.
Bottom Line (next 5 days) – sideways
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