AUDUSD Chart Technical Outlook moves higher in a slow mode toward 0.6540
Since last week, AUD/USD has been trading sideways, printing a bullish corrective structure. Wave C is in play, with more room to the upside. Resistances are located at 1.6540 and 0.6560. Supports are found at 0.6480 and 0.6450. Both currencies, AUD and USD, are trading on the back foot this week. Therefore, the upside momentum is weak.
