AUD/USD CHART
The above market has traded sideways for a six month period and as we know this is in a very long term uptrend and we could well be getting ready for the next move up. We would have to take out the 0.9056 level first which has been strong resistance lately and then attack the 0.9334 level which would leave the highs exposed, we need to be trading under the 0.8806 level of support to suggest the long term uptrend has been broken. We have to stay with the trend in place so would look to see the market trade to the upside.
