The AUDUSD lost ground last night after Chinese data disappointed.  The pair moved down to test resistance at 1.0365 but was stymied at that level.  The cross is now once again above the descending trend line at 1.04.  A hold above the level favor another test of 1.05. 

Sup   1.0365

Res   1.05

Keane Plan.   As long as the pair remains above the descending trend line at 1.04.  A move higher is favored.

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