The Traderszone Network

Published in TZ Latest News 19 July, 2017 by The TZ Newswire Staff

Forex technical analysis: AUDUSD higher after break yesterday

Trades at the highest level since May 2015
The AUDUSD has been breaking higher. 
Last week, the pair moved above a key resistance area in the 0.77307-55 area. That area has been home to a number of swing highs going back to August 2016 (see red circles in the chart above).