AUDUSD bulls are fighting for survival today. After what appeared to be a close above former channel resistance (new support) at 0.7170 on Friday, the pair held above the level on Monday. That confirmed my suspicion that AUDUSD had indeed broken free. However, today’s RBA monetary policy meeting minutes sparked new interest in Australian dollar shorts. That led to a brisk 25 pip plunge. But after leveling off overnight here in the states, AUDUSD buyers are once again showing resilience. The pair has a ways to go before today’s New York 5 pm EST close, but if things stay like this, we could have a bullish inside bar ... (full story)