AUDUSD sits above a ceiling area but another trend line keeps another lid on the pair
The AUDUSD has recovered from a gap lower over the weekend and is making new 2016 highs (trades at highest level since June 2015). It is hard to ignore the break. However, there is some topside resistance that has so far stalled the pair.
Forex Video: AUDUSD traders have a decision to make in the new trading day
