AUD/USD Breaks Above 55 day Average
Chart Prepared by Jamie Saettele, CMT
-AUDUSD has worked higher following the weekly tweezer bottom. The break above the 55 day average shouldn’t be dismissed given failure at the average in June and September. A break above .7279 would trigger a double bottom (arguably…some like to see a lower 2nd low) with an objective at .7622.
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