The AUDUSD bounced of channel resistance this morning during Draghi's press conference and then quickly fell back down to support at 1.0435.  In a broader context nothing has changed here.  The pair is still in a channel heading higher.  A break of 1.0435 could expose the pair for a test lower towards 1.0320.  Resistance begins at 1.0550 followed by trend line support at 1.0570.

Sup       1.0550/70

Res        1.0435

Keane Insight:  Still in channel.  Consolidation ahead of NFP

 

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