AUDUSD breaks above 0.6891 resistance. Further rally to test 0.7237 (Oct 14 high) could be seen later today. As long as this level holds, we’d expect down trend to resume and pullback to retest 0.6008 is possible. However, a break above 0.7237 level will indicate that the fall from 0.9849 has completed.


AUDUSD 4H Chart