AUD/USD .7300 Sticks Out as Important
Chart Prepared by Jamie Saettele, CMT
-After turning down sharply from ‘angle resistance’, AUD/USD begins November on a bullish note. Resistance looms near .7300 and a move through there would indicate bullish potential until at least the mid-.7500s. In the event of fresh trend lows, the next support may not be until the mid-.6700s (1999 high, 2004 low).