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  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: 0.66% 🇳🇿NZD: 0.64% 🇯🇵JPY: 0.63% 🇪🇺EUR: 0.43% 🇬🇧GBP: 0.41% 🇨🇦CAD: 0.20% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/ilKB2jHFj3
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  • EUR/USD resistance at 1.2000 well and truly broken..currently @ 1.2030 on USD-weakness #eurusd #usd #euro @DailyFX https://t.co/B4hqLj50fM
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  • US Dollar Basket (DXY) taking a tumble... https://t.co/t6kiwXWCX4
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.55%, while traders in Germany 30 are at opposite extremes with 80.61%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/aC5CZqRzxd
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  • Euro May Turn Lower vs. US Dollar as Upswing Falters Below 1.20 - https://www.dailyfx.com/forex/technical/home/analysis/eur-usd/2021/04/19/Euro-May-Turn-Lower-vs-US-Dollar-as-Upswing-Falters-Below-1.20.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr #EURUSD #technicalanalysis https://t.co/30VPCDfO1B
  • Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.28% 🇦🇺AUD: 0.11% 🇳🇿NZD: 0.08% 🇨🇦CAD: 0.03% 🇨🇭CHF: 0.03% 🇪🇺EUR: 0.01% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/LQnZcITyT6
AUD/USD Long Term Trendline Back in Play

AUD/USD Long Term Trendline Back in Play

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

AUD/USD Long Term Trendline Back in Play

Chart Prepared by Jamie Saettele, CMT

Automate trades with Mirror Trader and see ideas on other USD crosses

-“June’s AUDUSD range (3.4%) was the smallest monthly range since October (3.05%). In fact, the intermonth plots of price action for June and October are virtually identical. Both time series form 3 wave corrective (A-B-C) patterns.”

-“Focus remains lower towards .7100/50. A close above .7450 is needed in order to indicate a reversal.”

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

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