AUDUSD Breaks Resistance following RBA,Waiting on Election

The AUDUSD broke above key technical resistance between 1.0386/1.0410 following the BOA decision to hold interest rate unchanged in early trading Tuesday.  A hold above this level post the election favors a move up towards daily price resistance at 1.0520.  If the pair manages to push back below the resistance zone now turned support a move back towards the 1.0250 area could be in the cards.

Sup          1.0410/1.0386               1.0250

Res          1.0520

Keane Plan….Watching the support zone between 1.0386/1.0410 post-election.

 

To Access  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

Leave a Reply