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AUD/USD moving higher as 20-day MA gives way

Wednesday, February 18, 2015 3:08 AM UTC

AUD/USD has moved above the 20-day MA for first time since Jan 21
AUD benefits from carry trade demand/upbeat risk appetite
0.7830 is the high so far - just above yesterday's 0.7829 high
Minor resistance and sellers tipped ahead of 0.7850
Key resistance at 0.7875/86 where trend high & 38.2 of 0.8296/0.7627 meet

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AUD/USD moving higher as 20-day MA gives way

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