The AUDUSD consolidated above channel support throughout the day. The cross is pushing lower towards the channel support that has held the pair for almost two months. Channel support currently rest around 1.0375. A hold below 1.0430 could lead to a test of this level. A bounce at 1.0430 could lead to a run back towards resistance at 1.0530. The Reserve Bank Board Minutes are due to be release at 1:30 GMT Tuesday. This data could spark a bit of volatility.
Sup 1.0430 1.0375
Keane Plan: Looking for a test of channel support for a bounce