AUD/USD
The pair has recovered in the recent sessions and has cleared the short term resistance at 1.0.276 (short term resistance line). This development would be strengthened by a break above the short term retracement at 1.0301 which would signal a likely extension of the recovery toward 1.0358 then 1.0416 (short term retracements). A break above this resistance would pave the way to the upper limit of a wide channel around 1.06. The initial support stands at 1.0220. Buy – Stoploss @ 1.0219 – Target @ 1.0415.
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Natixis