Tanalys

AUD/USD Breaks above Short Term Downtrend Line

Daily

Chart Prepared by Jamie Saettele, CMT

Automate trades with Mirror Trader and see ideas on other USD crosses

-The sharp turn higher in AUDUSD raises the specter of additional range trading (between .7600 and .8100).

-2 lows near .7600 indicates potential for a short term double bottom and continuation of a broader range trade.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

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