Key levels to watch

Posted by Scriptaty | 9:33 PM

In mid-August, the Aussie dollar was approaching key resistance on the daily chart around .7800 -.7840, the approximate level of the late-April and June highs. However, Dolan sees an important top in place for the Aussie dollar near .80, back in March of this year.

“There should be a fair amount of selling around the .79-.80 level,” he says.

0 comments