Riding higher.
(Yann Quelenn)
• AUD/USD's upside pressures are growing.
Hourly resistance given at a distance at 0.7897
(13/10/2017 high). Support stands at 0.7638
(15/12/2017 low). The road is wide open for
further upside.
• In the long-term, the trend is turning positive.
Key supports 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.
