The AUDUSD is testing support for the third time a break or hold of this level could set the tone for the rest of the majors.  If the pair breaks below the 1.0435 level the cross could rapidly break lower towards the 10320 level.  If the pair bounces once again at this level a test of the top of the range could be once again in the cards.

Sup     1.0435               1.0320

Res     1.0530

Keane Plan…Watching price action around support.  Favoring a break lower to end the week.

 

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