AUD/USD: Above 7640/45 Targets Minor Resistance At 7676/80
Jason Sen | Oct 26, 2016 03:12AM ET
AUD/USD above 7640/45 targets minor resistance at 7676/80 then trend line resistance at 7700/05. A break above October highs at 7734 however tests August highs at 7750/51.
Failure to beat 7640/45 targets 7620/17 then 7590/85. A break lower meets quite strong support at 7555/50. Just below is much stronger support on the weekly chart at 7510/00. This would be an excellent buying opportunity if hit. Try longs with stops below 7470.
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