AUD/USD’s upside pressures keeps growing. Support stands at 0.7849 (12/01/2018 low). The technical structure indicates further short-term upside move.
In the long-term, the trend is turning positive. Key support stands at 0.6009 (31/10/2008 low). A break of the key resistance at 0.8164 (14/05/2015 high) is needed to invalidate our long-term bearish view (drawing near).
. The technical structure indicates further short-term upside move.){kind=link}