AUDUSD testing Trend Line Support
11
Jun
2012
2012
The AUDUSD has had a wild ride so far this week the pair tested parity once again to start the week before starting a a journey lower. Into the close of New York trading the cross is testing the ascending trend line around .9890. a break of this level would open the pair up to a move down towards .98. Resistance can still be found at parity and the 50 fib just above at 1.0027.
Sup .9890
Res 1.00/1.0027