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AUD/USD Cracks Impulsive Channel Support

Jamie Saettele, CMT

Daily

AUD/USD Cracks Impulsive Channel Support
AUD/USD Cracks Impulsive Channel Support

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-“AUDUSD has responded to the 2011 low and 2009 high (.9386-.9405), late November high and channel resistance. Look lower as long as price is below last week’s high. Downside levels of interest are .9205 and .9138 (and watch the channel support).”

-Resistance is at .9314/32 now.

LEVELS: .9137 .9205 .9264 | .9314 .9332 .9362

--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.


original source

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