The AUDUSD is back up testing the topside area that confined the range until two days ago when the pair broke higher. Of course all that was wiped away on the FOMC sell off yesterday. The move back higher today, has the price testing the 100 hour MA, and the lower line from the series of highs over the last month of trading. Yes, there has been three breaches of that area, but there have been more peaks in the area, that found sellers.
AUDUSD tests upside congestion area below the 0.8833 level.
So look for the sellers to show up in this area with stops on a move above the 0.8834 area.
