Daily
Chart Prepared by Jamie Saettele, CMT
DailyFX Trading Guides and Forecasts
-“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.” AUD/USD responded with its largest 1 day drop since November (day after the U.S. election) last week. The 200 day and December high should be watched for support near .7525.