AUDUSD 10400/25 is Expected Support
Prepared by Jamie Saettele, CMT
The AUDUSD registered a near term top with the tag of the August high at 10612. Friday’s rally has nearly been retraced but additional upside is favored as long as price is above 10321. 10400/34 is support and I’m on the lookout for a low in Asia tonight, perhaps after the RBA minutes. The 61.8% extension of 9580-10613 / 10165 is an objective at 10804.
LEVELS: 10367 10400 10434 10515 10553 10624
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