AUD/USD Breaks Support Intraday but Finishes Within Range
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-AUDUSD spiked below the recent range on Monday, thus negating the triangle that I thought had been forming. Even so, the rate closed back within the range and close to unchanged on the day.
-Of note is that the decline from .9080 consists of 2 equal waves (almost exactly). This is consistent with a corrective move.
LEVELS: .8887 .8919 .8945 | .8980 .9027 .9066
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