AUD/USD’s upside pressures are growing back. Hourly resistance given at a distance of 0.8134 (26/01/2018 high). Support stands at 0.7957 (23/01/2018 low). The road is wide open for further upside.
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).
. Support stands at 0.7957 (23/01/2018 low). The road is wide open for further upside.){kind=link}