Consolidation was the name of the game in the AUDUSD on Monday. The pair moved within a 40 pip range. Until this cross breaks below the 1.03 level or above the 5o Fib at 1.0386 I will remain sidelines. A break below the 1.03 level could open the pair up to another move down towards the recent lows between 1.0150/0175. A break of the 50 fib targets a run at daily price support at 1.0520.
Keane Plan...Waiting for a break of the 50 Fib at 1.0386 or sup at 1.03
Weekend rundown of the majors…Next weeks Trading Plan
To Access Today’s Yen Talk, Daily Wake Up Call Videos, Current KEANE TRADES and Private Twitter Feed Click HERE
Non subscribers can have a Free 1-week trial HERE