AUD/USD Technical Analysis- Prices are approaching falling trend line resistance at 1.0276, with a break higher exposing former support at 1.0365, marked by December’s swing bottom. Multi-month range bottom support remains at 1.0163. A reversal beneath that initially eyes the March 4 low at 1.0114.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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