AUDUSD 4-HOUR CHART: AUDUSD the outperformer in a weak USD day
Note the 2 red lines drawn off the low. It is our Directional Indicator indicating a potential shift in risk to the upside that has played out.
.6595 = key res, .6581 res so far holding ahead of it.
The way I look at charts .6535 needs to hold to keep the risk pointed up.
JP – one would think! As long as they keep liberal arts out of it, but it doesn’t go that way in places like Berkely Univ. My belief is 1 hour field trips into the worst banks in one’s locale would be more of a lesson in one day than 10 semesters of politically slanted blab mixed in. Side note – I think ChfJpy is finished with the 170 to 171 range. Maybe one more push in there but expecting no dice.
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