AUD/USD Tries To Reverse Course

AUD/USD Tries To Reverse Course

AUD/USD is currently at 0.6738 at the bottom of the range. If we can break the resistance at 0.6768, we are looking for a move to the ATR target) at the 0.6850 area.

We have divergence in play. Watch the DXY for any change in direction. The ATR for the pair currently is 80 pips per day, and its 180-day average is 82 pips per day. DXY is currently down at writing.



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