Technical analysis:
AUD/USD has been trading sideways at thee price of 0,7405 and there is potential for the breakout.
Trading recommendation:
Due to bullish divergence in the background and the consolidation in last 24 hours, there is potential for the bigger rally.
My advice is to watch for buying opportunities on the breakout of contraction with the objective at 0,7460.
Key support is set at the price of 0,7360
