AUD USD Enters Major Retracement Zone

The Australian Dollar crossed over to the bull side of a major 50% level.  Unless there is a massive profit-taking break late in the session, look for the AUD USD to finish higher.

The Australian Dollar crossed over to the bull side of a major 50% level at .7929, setting up a further drive to the next resistance level at .8382.

The Main Trend is up with a new Main Bottom at .7450.  Uptrending Gann Angle support from this Main Bottom is at .7810 today.

Unless there is a massive profit-taking break late in the session, look for the AUD USD to finish higher and above .8382.  

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