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  • AUD/USD breaks above the 0.6400 figure. 
  • The level to beat for buyers is the 0.6500 handle.

AUD/USD daily chart

AUD/USD bullish recovery remains intact as aussie/dollar is trading in one-month highs while breaking above the 0.6400 figure and the 50 SMA on the daily time frame.

AUD/USD four-hour chart

AUD/USD is trading above its main SMAs on the four-hour chart suggesting an upward bias in the medium term. The break above the 0.6400 figure can introduce scope to a bullish continuation of the bull run towards the 0.6500 and 0.6600 figures. On the flip side, support can emerge near the 0.6300,  0.6200 and 0.6100 levels on any pullback. 

Additional key levels