Sasha Singh
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AUDUSD : Might Break Above .9436

(AUDUSD : 4 Hour Chart)

AUDUSD is consolidating within an ascending triangle with support from the rising support trend line and resistance from .9436. Also 100 day SMA seems like providing support to the pair. The long term trend is bullish and the pair might break the resistance to surge. The direction of the movement of 50 day and 100 day SMA are showing that the pair will continue to follow the uptrend.

(AUDUSD : Daily Chart)

On the daily chart, the 100 day SMA crossed above the 200 day SMA signaling a bullish trend.