AUD/USD breaks 0.9200

0.9204 the high so far and it’s very touchy feely. Given the recent move down I suspect bulls will have one finger over the exit button at the first sign of big offers coming in.

A further move higher will bring the 55 dma into focus at 0.9282, ahead of the big 0.93 which held big resistance last time.

EUR/AUD is feeling the heat from the rise falling to strong support at 1.4500 which is holding for now.

EUR/AUD technical analysis chart 9 August 2013

EUR/AUD technical analysis chart 9 August 2013

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