AUD/USD is moving sideways since 7 February. The support at 1.0227 (12/02/2013 low) has successfully been tested. A key resistance is at 1.0375 (15/02/2013 high). An hourly support can be found at 1.0271 (intraday low). • AUD/USD is moving within the medium-term horizontal range defined by the support at 1.0149 (08/10/2012 low) and the resistance at 1.0613 (09/08/2012 high). A break out of this range is required to fuel a longer-term directional bias. (full story)