AUDUSD—update

I had a sell order in that was executed at .8701. This was at the level of the short-term uptrend line I wrote about earlier. Price action is a bit raggedy and the market in general seems unfocused so we'll have to see what happens. However, the pair has moved down enough that I've moved my stop to breakeven.

Support is at .8642, .8551, .8506, .8426 and .8345. Resistance is at .8782, .8833, and .8859.

Here's the one-hour chart:












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