AUDUSD Holding Onto the Edge
2012
The AUDUSD is trying to find a foothold around the 1.0175/50 support zone. If the cross can find a bit of support at 1.0175 a bit of consolidation could be in the cards. Resistance begins at 1.01 and 1.0325. A break of the 1.02 could lead to a bit of profit taking. A break of price support at 1.0175 opens up the path towards 1.01 followed by parity.
Sup 1.0175 1.01 1.00
Res 1.02 1.0325
Keane Plan...Watching the 1.02-1.0150 range. A solid break of either side could lead to a either 1.0325 or 1.01
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