The AUDUSD pair has broken its downward sloping trend line from the last ten days, after testing support at 0.77600. Resistance is now found at 0.78430 and 0.78566. The 50-period MA in the 4-hour timeframe is located at 0.78849, with the 200-period MA at 0.78932 close to resistance at 0.78960 and the 0.79000 level. The […]