AUD/USD Could Set Up for Early July Turn
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-AUDUSD broke above the line that extends off of the October and April highs 2 weeks ago. That line held as support last week. A final high (above the April high) is possible in order to complete impulses at multiple degrees of trend (from the May low and January low). Below .9320 would indicate that a correction of the rally from the January low is probably underway towards .8965-.9060.
LEVELS: .9321 .9357 .9376 | .9418 .9460 .9500
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