AUDUSD threatens further strength with eyes on 0.7234 zone. On the upside, resistance lies at the 1.7250 level. A cut through here will turn focus to the 0.7300 level and then the 0.7350 level. A violation will set the stage for a retarget of the 0.7400 level. Support resides at the 0.7150 level where a breach will aim at the 0.7100 level. Below here will set the stage for a run at the 0.7050 level with a cut through here targeting further downside pressure towards the 0.7000 level. On the whole, AUDUSD faces further upside threats.
