The AUDUSD has been riding an ascending trend line higher since probing below parity to start the week.  As long as the cross remains above trend line support around 1.0060 the momentum should carry the pair higher.  In the short-term the AUDUSD appears to be in a 15 min triangle a break of this triangle to the top or bottom should give us an idea of the near term direction of the pair.

Sup   1.0060

Res   1.0140


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