The AUDUSD has been dancing between the fibs from this months climb higher for the majority of the week.  On Wednesday the pair found support at the .618 fib at 1.0340.  A hold at this level could lead to another test of the 50 Fib At 1.0394.  Until the pair decides on a clear direction this fib game could continue.  A break of the .618 fib at 1.0340 open the pair up to a test of daily support at 1.0280.  it would take a break of the .382 fib at 1.04485 to clear the path higher for a retest of last week high at 1.0520.

Fib Level     .382             1.04485

                      .50                1.0394

                      .618               1.0340

Keane Plan...Can play the fibs..but looking for a break of either 1.04485 or 1.0340 for a feeling of direction.

To Access Yen Talk, Currency Watch Videos, Current Trade Setups and Current KEANE Trades Via Private Twitter Feed Click HERE  

For a Free 1-week trial click HERE