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*** AUD/USD - The direction of price action will be determined by trader reaction to .7786 and .7733. A sustained move over .7786 will indicate the presence of buyers.

A sustained move under .7733 will signal the presence of sellers. The first downside target is the minor range at .7710 to .7689.

We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.

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Brian Kenya Horton, BK Forex Academy
audAUDUSDBeyond Technical AnalysisChart PatternsdowntrendshortTrend AnalysisUSD

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