AUD/USD Trades Around Slope Resistance
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 if AUDUSD can break above .7875.
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