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![AUD/USD Enters Long Term Zone That Could Provide Support](https://media.dailyfx.com/illustrations/2015/01/06/eliottWaves_aud-usd_body_Picture_8.png)
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader and see ideas on other USD crosses
-“AUDUSD followed through on its 11/7 outside reversal and filled the early November gap. Action since October is probably consolidation that gives way to another leg lower.”
-A long term zone extends down to .7927 (50% of rally from 2001 low).
--Tradingideas are availabletoJ.S. Trade Desk members.
original source