AUDUSD’s bounce from 0.8080 extends to as high as 0.8508. Further rise to test 0.8550 resistance is still possible later today, a break above this level will indicate that the downtrend from 0.9381 (Apr 12 high) has completed at 0.8066 already.

20100611_audusd_1.gif
20100611_audusd_1.gif