AUD/USD Spurns News and Maintains Range
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
-AUDUSD has consolidated since the 2/3 high volume reversal. The rate also registered a weekly key reversal which is a good way to begin at least a countertrend move (higher). .8030/50 sticks out as resistance over the next several weeks.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.