AUDUSD – Flying High
Continuing its run since we last posted on in our daily market commentary – the order flow continues to build with corrective pullbacks to the 20 ema, followed by the dynamic support holding. Today, the pair hit key resistance at 9269, which was a swing low back in November 13′.
The pair consolidated in a corrective move, and has just busted through the level. If the pair can hold above 9270, then the next level on the menu is 9425, so quite a lot of upside potential here.
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