What to do. What to Do. The AUDUSD has been traveling in a relatively tight range since the beginning of the week. The pair has found resistance at 1.0485 and support at 1.0435. A break of these narrow ranges is required for the pair to have any meaningful movement. A break of the bottom of the range supports a move towards 1.0350. A break of the top of the range is a bit more tricky with resistance resting just above at 1.0520 followed by trend line resistance at 1.0535.
Sup 1.0435 1.0350
Res 1.0485 1.0520/35
Keane Plan....Need a break of the range between 1.0485 and 1.0435 for any meaningful follow thru.
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