AUDUSD Testing the 50 Fib

The AUDUSD  played a game of fibs on Friday. The pair quickly reversed its path in New York trading after touching the 50 fib from it's most recent decline.  The cross continued to decline until the pair challenged the 50 Fib from the September early climb at 1.0394.  A hold or break at this level will be interesting.  A break exposes the pair to a measured move lower targeting 1.0285.

Sup    1.0394  ( 50 Fib)           1.0280

Res    1.0450

Keane Plan...Watching price action near the 50 fib at 1.0394....Bull/Bear Line.

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