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AUD/USD started a fresh increase above the 0.7300 zone. NZD/USD is also showing positive signs and there was a clear move above the 0.6850 resistance.
Important Takeaways for AUD/USD and NZD/USD
· The Aussie Dollar started a fresh increase after it cleared 0.7250 against the US Dollar.
· There was a break above a key bearish trend line with resistance near 0.7235 on the hourly chart of AUD/USD.
· NZD/USD also climbed higher after forming a base above the 0.6720 level.
· There was a move above a major bearish trend line with resistance near 0.6775 on the hourly chart of NZD/USD...More info: blog FXOpen