AUD/USD Breaks Out; .9530 and .9580 of Interest
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-AUDUSD broke above the line that extends off of the October and April highs 3 weeks ago. That line held as support 2 weeks ago. “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).” AUDUSD is at new highs and levels of interest as resistance are .9530 and .9580.
LEVELS: .9388 .9423 .9460 | .9520 .9580 .9621
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