Last week AUD/USD ended above the 100wk moving average for the first time since June 2013. It simultaneously broke above an interior trend line.
Spot has to break resistance from .7650 to .7725 to technically suggest AUD/USD could trend higher.
We see support at .7420 and .7375.
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from eFXNews http://feedproxy.google.com/~r/Efxnews/~3/9X21Mpxm_YU/audusd-breaks-some-and-challenges-more-resistance-bofa-merrill
from Online Forex Trading Resource http://its-veso.tumblr.com/post/151123709727
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