AUDUSD Did Someone Say 50 fib Range

 

The AUDUSD managed to bounce from its lows around 1.0150 for the majority of the week.  The cross is currently in a range between 1.03/.0325 and 1.0175/50.  A break of the range to the top of the hits the 50 fib from the move lower relatively quickly at 1.0385.  A break of the bottom of the range runs into the 50 fib from September's move higher around 1.01.  At the moment playing the range looks to be in order.

Sup    1.0175/50

Res     1.03/.0325

Keane Plan...Playing the range until it breaks

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