AUDUSD break above the previous high resistance at 0.9342. Further rise towards 0.9600 area can be seen in the next several days. Near term support is at the up trend line from 0.7675 to 0.8748, and as long as the trend line support holds, up trend will continue. For long term analysis, AUDUSD broke above 0.8870 long term key resistance, and up trend resumed. Rise towards 1.0000 to reach the next cycle top on weekly chart is expected.
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