As per the analysis at the start of the week, AUD/USD Price Analysis: Bears pressure 0.72 the figure, eyes on key employment data, the price is stabilising near 0.7200. There has been a low of 0.7195 so far, but this area is expected to be a strong location of support. If the bulls commit to here in a significant way, a thrust to the upside could come as a consequence and lead to prospects of a bullish continuation towards 0.7400 and beyond channel resistance: {chart} The bulls have committed to around 0.7200 since the prior analysis (above) illustrated in the up to date price action chart as follows: {chart} In ... (full story)