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AUD/USD threatens Trend-Line off Apr high, spreads & commodities aid lift

  • AUD/USD threatens Trend-Line off Apr high, buoyed by wider spreads & commodity bid 

  • Firm AUD crosses & bullish RSIs help move rally along

  • Breaks put April's high in play, market will need help to crack that high

  • Resistance above the trend-line daily highs at 0.8005 & 0.8031 

  • Pair could test 0.8300 on soft US retail sales, sub-0.7785 eases bull pressure 

  • Market Data
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