Currently: Cash Looking to: Buy @ 0.72805
As of 11/27/20 close: 0.73857
LAST WEEK: We suggested shorting at last weeks levels with stops on a close above 0.73281 with stops on a close above 0.73396 and with a covering target at 0.69907. We suggested longs at 0.68974.
UPDATE: AUDUSD has broken through projected resistance in the short-term and is now signaling to us that it is headed higher not lower as previously thought.
We would look to buy dips in AUDUSD to 0.72805 with stops on a close below 0.7200 and would look to take profits up at 0.7800.