A new test of the AUD/USD resistance at 1.0497 is likely

AUD/USD has broken its support at 1.0421. However, the subsequent bounce suggests a still strong buying interest. Monitor the hourly resistance at 1.0497 (26/03/2013 high). Hourly supports can be found at 1.0441 (intraday low) and 1.0386 (01/04/2013 low). • In the medium-term, AUD/USD is movin…

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A new test of the AUD/USD resistance at 1.0497 is likely

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