AUD/USD
The pair remains well supported and extends a near-term recovery rally off of the 0.8890 double-bottom, with 0.9100, and a psychological Fibonacci at 61.8% of 0.9232/0.8890 barrier being taken out. The price also cracked the daily 55 DMA, setting the scope for final a push through 0.9175, daily cloud base, towards key near-term barriers at 0.9220/32 double-top. Near-term studies are positive, however, overbought conditions require caution, as corrective pullback would precede a fresh rally. Initial support lies at 0.9068, 26/08 previous high.
Resistance: 0.9152; 0.9188; 0.9200; 0.9220
Support: 0.9100; 0.9068; 0.9000; 0.8977