jsaettele

Big Level for AUDUSD Just Above

FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
Be aware of .7637 in AUDUSD for possible resistance. This is the 38.2% retrace of the decline from the 2011 high. The line that extends off of the 2008 and 2015 lows (red line) is near there as well. This line was a useful reference point during the second half of 2018 (highlighted).

Director of Technical Research at Krilogy, author Sentiment in the Forex Market

Twitter: twitter.com/jamiesaettele
Website: www.krilogy.com/
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