AUD/USD Update – 01/09/2017 (13:10am) – by Arjun Lakhanpal

AUD/USD Update – 01/09/2017 (13:10am): AUD/USD has sold off to the 3 month uptrend at 0.7893 but has since bounced.. Below the uptrend lies the .7808 current August low, which guards good support at .7748/41. Longer term our focus is on the .7980/91 July 20 and August 4 highs and this guards the .8065 recent high. Above the .8065 level the .8162/66 May 2015 peak and 50% retracement can be seen. Above there lies the .8295 January 2015 high.