AUD/USD Bounce Will Face a Test Near .7610
Chart Prepared by Jamie Saettele, CMT
-AUD/USD took out the February high in March and then took out the March low earlier this week. This expanding range may mark the beginning of increased volatility (range expansion). I’d continue to be aware of .7380s the positioning as per COT (see here). Near term, .7310 is a level to know (50% retracement and horizontal level).
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