AUD/USD picked up momentum again and broken 0.9327 resistance last week. The development affirmed the view that consolidation from 0.9404 has completed with three waves down to 0.8577 already. Initial bias remains on the upside for a test on 0.9404 high this week. On the downside, below 0.9264 minor support...
http://www.actionforex.com/action-insight/...20100410110663/