To receive Ilya's analysis directly via email, please SIGN UP HERE

Talking Points

• AUD/USD Technical Strategy: Book profit on long trade from 0.9189 (+274 pips)

• Prices closed back below September’s swing top, hinting at weakness ahead

• We will exit the trade and reassess positioning after the key FOMC meeting

Confirm your chart-based trade setups with the Technical Analyzer.

Weekly Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for DailyFX.com

Contact and follow Ilya on Twitter: @IlyaSpivak

New to FX? START HERE

For live market updates, visit the Real Time News Feed

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.