AUDUSD 10420 Serves as Key Pivot
Prepared by Jamie Saettele, CMT
I wrote yesterday that “a return to 10555 or even 10510 cannot be ruled out in 2nd wave correction.” The AUDUSD has dropped more than expected but the larger bullish count is valid as long as price remains above 10420. A drop below would shift focus to 10250.
Bottom Line (next 5 days) – higher?
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