AUD/USD Rides the Channel but Leaves Long Upper Wick
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-AUDUSD has traded into the 2011 low and 2009 high (.9386-.9405) and late November high. The market is also at channel resistance. This is a good place for a reaction.
LEVELS: .9284 .9307 .9347 | .9447 .9500 .9580
--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.