AUDUSD Tests Short Term Trendline Resistance
Prepared by Jamie Saettele, CMT
The AUDUSD has retraced most of the decline from 10636. A setback from the current level, reinforced by trendline resistance and former support at 10557, encounters support at 10490. 10670-10715 is resistance this week and 10425 serves as the pivot.
Bottom Line (next 5 days) – ?
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