AUD / USD breaks the resistance of the trend line
After registering a lower high earlier in the week, the AUD / USD pair began to rally and did manage to overcome resistance above the trendline.
This could mean that the series of lower highs has ended and that a break above $ 0.777 is now possible. This will create a bullish outlook for the pair after a month of declines. Sellers will want to push the price below $ 0.772 to open the door to new losses.