AUD/USD – The resistance at 1.0475/1.0490 has thus far held

AUD/USD has thus far failed to break the resistance at 1.0475/1.0490. An hourly support is at 1.0434 (intraday low). Another support can be found at 1.0391 (intraday low). • The strong resistance area implied by the declining trendline and 1.0613 suggests a limited upside potential. • AUD/USD…

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AUD/USD – The resistance at 1.0475/1.0490 has thus far held