Daily
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader
–AUDUSD decline from the Sep high found low at the 38.2% of the advance from .8892.
-Last night’s drop reversed right in front of the Monday low. The outside day may provide a springboard for a run at the Sep high or even .9580 (June low) before the market tries to top.
Trading Strategy: Was triggered short GBPAUD at 1.6950, stop is moved to 1.6970. I’m in this for a break.
LEVELS: .9333 .9389 .9409 | .9488 .9528 .9580