(AUDUSD : 4 hour chart) AUDUSD surged today after the missed non-farm employment change data. The pair was trading within a downward sloping channel prior to the release of the data. It broke the resistance trend line of the channel and surged back to the resistance at .9290. It might decline from this resistance however Stochastic Oscillator showing that the pair will continue to follow uptrend and might break this resistance. Also the 50 day SMA seems to be providing some kind of support to the pair. (AUDUSD : Daily Chart) Looking at the daily chart, the pair seems like trading within a long term upward channel trend signaling the continuation of uptrend. Breaking the resistance at .9289 will push the pair to .9382.