AUD/USD Morning Technical Report 23/7/2014
ecPulse
2014-07-23 09:21AM UTC
AUDUSD is breaking sharply higher, the price has taken the intraday resistance at 0.9425 and heading towards the next resistance at 0.9450. A break above the latter would confirm a retest of the recent swing high and resistance at 0.9503. Overall, we maintain our bullish bias as long as above the 50-days SMA.
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