AUD/USD re-energizing bullish pressures
- An outside pattern has already been seen on Monday (likely bullish?) after a robust rally and bullish outside pattern last Wednesday, defending our flagged support at the .9330/20.
- With modest chart/ retrace support intact at .9365 and the push back above .9435/40 June peaks, we see risks still higher into this week to the 2014 high at .9460.
- Moreover, the threat for latter June is above here to notable retrace and chart targets at .9525/45.
WHAT CHANGES THIS?
- Below .9320 signals a neutral tone, but only shifting negative below .9230.