Note: Low and High figures are for the trading day.
Data provided byNote: Low and High figures are for the trading day.
Data provided byNote: Low and High figures are for the trading day.
Data provided byNote: Low and High figures are for the trading day.
Data provided byNote: Low and High figures are for the trading day.
Data provided byNote: Low and High figures are for the trading day.
Data provided by
Daily
Chart Prepared by Jamie Saettele, CMT
DailyFX Trading Guides and Forecasts
-“AUD/USD continues to trade at a long term resistance zone (stretches to the 2016 high at .7835). The near term bias line is (still) .7600. As long as price is above the figure, shorts are fighting an uphill battle.” It might be time to fight the uphill battle as the rally from 2/7 takes the shape of a wedge. Weakness below the wedge line would signal an opportunity.
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