Updated the:
08/07/2012
AUD/USD : Medium term trend clearly bullish
Sentiment :
"sentiment
1.05
"sentiment
1.04
"sentiment

The pair AUD/USD continues to move into its bullish channel (purple lines). The price has validated the breakouts of 1.05 and 1.0550, offering new buy signals. The pair is currently testing the resistance at 1.06.We advise to trade long positions as far as 1.05 is support. The breakout of 1.06 and 1.0650 will both give a new buy signal and will open the way towards 1.07.

In case of return below 1.05, the pair should test an exit of the bullish channel. We advise to wait the breakout of 1.04 to trade short positions.
Analysis published by Vincent, the 08/07/2012 at 09h00 GMT+2

Complete sheet of the pair AUD/USD - Previous AUD/USD Analysis
Chart of the pair AUD/USD - Timeframe 4H
"AUD/USD
 
Chart of the pair AUD/USD - Timeframe 1H
"AUD/USD
AUD/USD Live Chart - Timeframe : 4h
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