AUD/USD: Further upside potential up to 1.06

The Australian Dollar enjoyed good strength against the US Dollar after China reported a trade deficit for March, pushing AUD/USD above 1.05. At 1.0515 at the time of writing, the bulls seem to have found enough collective momentum to push the market higher. With the RSI having just breached above…

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AUD/USD: Further upside potential up to 1.06