AUD/USD 4 Year Low; Threatens Major Channel
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-“AUDUSD followed through on its 11/7 outside reversal and filled the early November gap. Action since October is probably consolidation that gives way to another leg lower.”
-Today’s 4 year low sets the pivot at .8795 but support surrounds .8500.
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