AUDUSD .7190-.7220 is Huge

AUDUSD has traded into former support at .7135 but respect potential for strength into .7190-.7220 before this rolls over. Again, the 9/9 low is .7190. VWAP from the high is currently .7220 and in line with the upper parallel of the short term bearish fork. A pullback into .7080/90 maybe in order before strength into .7190-.7220. I’m willing to buy that pullback and before flipping short at the noted higher zone. On spot, the 200 period average on the 4 hour chart is currently .7230. Visit scandex.com/author/jamiesaettele/ to view the futures chart VWAP and a rolling monthly midpoint, which AUDUSD has been riding all year!