- AUD/USD takes out 0.77 handle post-OPEC deal, hits new 2-week highs at 0.7710.
- Some profit booking seen at highs. Pair slips below the 0.77 handle.
- Intraday bias still higher, strong trendline support at 0.7660, weakness only on break below.
- Major support levels - 0.7681 (1H 20-MA), 0.7660 (trendline), 0.7645 (Session low Sept 28)
- Major resistance levels - 0.7710 (trendline), 0.7723 (88.6% Fib), 0.7732 (Sept 8 high)
- Our previous call (http://www.econotimes.com/FxWirePro-AUD-USD-breaks-major-trendline-resistance-at-07655-good-to-long-dips-319151) has hit TP1&2
Recommendation: Book partial profits, raise trailing stop to 0.7660, hold for upside






