AUDUSD Rips from Bollinger to Bollinger
Prepared by Jamie Saettele, CMT
“Like everything else, one final push may be in the cards before a sharper reversal either tomorrow or next week. I’m short from 9960 but would be willing to short more on a move into 10020 (5/9 low). I am bearish against 10142.” The AUDUSD is trading between its Bollingers and failed to touch 10020. In any case, risk on shorts can be moved to the Sunday night high. Near term focus is on 9800 and 9750. Again, I’d not be surprised to see a sharp rebound off of one of these levels.
LEVELS: 9710 9750 9800 9910 9935 9965
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