Technical Analysis For AUD

The AUDUSD pushes higher towards the 50-days SMA, and the top of the sideways range at 0.9300-0.9350. A break above this resistance is required to confirm a more prolonged bullish move. Accordingly, we are cautiously bullish for the week.

Support: 0.9135, 0.9070, 0.9040, 0.9000, 0.8965
Resistance: 0.9200, 0.9250, 0.9300, 0.9340, 0.9400

Recommendation Long above 0.9135, targets at 0.9200,0.9300 and 0.9350. Invalidation below 0.9040

IMOH, Clement I.
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