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AUD/USD : Back on the major daily resistance at 1.06
I advise traders to trade only long positions as far as 1.0525 is support.
A stay above 1.0550 will strengthen this bullish sentiment.
A break of 1.06 will give then a new buy signal for an extension of the bullish movement towards 1.0650 or above this level is also broken.
In case of return of below 1.0525 then I will advise traders to wait a downward break of 1.05 (channel output) before trading short positions.
AUD/USD 1h chart