AUDUSD: Set To Return Above The 0.9387/0.9404 Levels

AUDUSD: Set To Return Above The 0.9387/0.9404 Levels
         

In spite of the AUDUSD's one-day decline, we continue to maintain our bullish outlook on it with the major barriers being its 2010/2009 high at 0.9387/0.9404. A convincing invalidation of there is required to trigger the resumption of its medium term uptrend towards its July 27'08 high at 0.9592 and...
         

http://www.actionforex.com/technical-analysis/daily-forex-technicals/audusd%3a-set-to-return-above-the-0.9387%100.9404-levels-20100414110933/