The Traderszone Network

Published in TZ Latest News 19 October, 2016 by The TZ Newswire Staff

AUDUSD extends higher…

Broke above 0.7700 and stayed above 0.7700
The AUDUSD broke above the 0.7700 level and has stayed above it (see 5 minute chart below). 
The staying above it is important. It shows that the buyers on the break, liked it on the retest. That has helped the bulls stay in control. The 0.7730 and the 0.77552 are the next targets.