AUD/USD Dripping Along Lower Parallel
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.”
-Watch .8200 for support now.
--Tradingideas are availabletoJ.S. Trade Desk members.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.