AUDUSD range bound, but not for much longer

From thinkforex.com

Technically the A$ is at an interesting juncture awaiting the next catalyst; luckily there is lots of AUD and USD news this week to help it decide a direction Last week finally saw the much below 0.925 support to test 0.920 in a blink of an eye following the NFP release to present us with a Rikshaw man Doji. The high of the week was capped by the 50 week eMA with the low being the psychological round number and the 50% Fibs retracement. Also note last week's low confirmed a bullish trendline to provide a near-term bullish bias. Following the disappointing CPi results price has ranged within a 90-pip range until ... (full story)