AUD/USD’s upside pressure is slowed. Support stands at 0.7957 (23/01/2018 low). The road is wide open for further upside moves.
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 road is wide open for further upside moves.){kind=link}