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AUDUSD : Currently in Overbought Zone, Gains Seems Limited

(AUDUSD : Daily Chart)

AUDUSD is currently trading near one month highs although the employment number decreased unexpectedly last month. Today the pair got supported from the downbeat US data. On the Daily Chart, the pair seems like experiencing resistance at .9423 and support from the rising trend line. On the stochastic oscillator the pair has reached the overbought zone so the upside gains are limited. The pair might break the rising support trend line reversing the uptrend to downtrend after consolidating within the ascending triangle till it reaches the apex.