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AUD/USD clears 55-DMA & daily highs near 0.7825/40

Thursday, June 18, 2015 1:19 PM UTC

AUD/USD bulls encouraged by resistance break, 0.7935 & 0.8010 are interim resistance zones
Persistent USD slip sees market ignore tighter AU-US yield spreads
RSIs biased up with room to run, rally may have legs, May high now eyed
Pair clears 55-DMA & daily highs near 0.7825/40, cloud base pierced
Only a small pullback seen, encouraging for bulls

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AUD/USD clears 55-DMA & daily highs near 0.7825/40

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