AUD/USD Breaks Small Range; Still in Larger Range
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-AUDUSD has traded in a tight range since the 4/11 high. Larger trend remains constructive as per price above the 200 DMA but there is also overhead resistance from the line that extends off of the October and April highs, and 2011 low (.9387). In other words, respect range conditions for now.
LEVELS: .9251 .9292 .9309 | .9348 .9378 .9411
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