AUD/USD Firms from its Angle of Influence
Chart Prepared by Jamie Saettele, CMT
-Recent comments regarding AUD/USD noted that “AUD/USD broke .7500 and has already reached estimated support in the .70-.72 area. Watch for signs of a reversal.” The rate turned up on the final day of May (low was .7145). Focus is higher until further notice but .7490 (former support) is seen as interim resistance.
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