The AUDUSD followed risk lower on Monday and the pair broke below key support at 1.03.  On Wednesday the release of the AUD CPI and China PMI reports could influence the future direction of this pair.  The cross is currently resting on top of the ascending trend line from October 9th.  A break of this level opens the pair up to another run at 1.02 followed by October's lows at 1.0150.  If the data is encouraging the cross could see a rebound from Tuesdays loses.  Resistance starts at 1.03 followed by 1.0386.

Sup             1.02                   1.0150

Res              1.03                   1.0390

Keane Plan...Will be watching the PX at the descending trend line at 1.0250

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