FX:AUDUSD Australian Dollar/U.S. Dollar
The AUD/USD 4H chart seems to be ripe for a shift in trending . The pair has broken the descending trend-line to the upside, has formed a massive breakout buying candle, and has broken resistance at around the 60 reading. These factors make us short term bulls on the pair, after which we'll have to see how price action reacts at higher levels.