AUDUSD Testing The 50 Fib
2012
The AUDUSD has continued to consolidate near the 50 fib at 1.0386 from September's decline. A strong resistance zone rest between 1.0386 and 1.0410. As long as the pair remains below this level a move lower towards support at 1.03 is favored. a break of this level exposes 1.02.
Sup 1.03 1.02
Res 1.0386/1.0410
Keane Plan..Watching for a rejection near the 50 fib...
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