EURAUD Weekly resuming its UP-Trend ?

FX:EURAUD   Euro / Australian Dollar
35 1 0
We are at a critical juncture here and it depends what price does at overhead resistance 1.50000 and 1.509000.
I'm unfamiliar with the colored bands. If there is a quick
and easy - 5th grader type - explanation of their significance ~~~~
And especially price action being completely outside the bands ~~~~
I'd sure appreciate your thoughts !!!!!
Wishing you lots of pips in 2014 ++++++
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