Daily
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader and see ideas on other USD crosses
-After the largest bull run since the October high, AUDUSD may experience a deep pullback (at least). Support is estimated at .8887 and .8820/33.
–Thursday’s action however raises the possibility of a triangle unfolding from the 2/12 high. In other words, the range may tighten for a few days. .9060 and .8980 are possible reaction levels.
LEVELS: .8820 .8875 .8953 | .9023 .9058 .9085
–Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.