As you see in my following attached chart, the pair traded between a high of 1.0321 and a low of 1.0241 closed at 1.0318. Today the pair trades above the bullish trend line at the price of 1.0210.
Upside Scenario: If AUSDUSD keeps trading above the bullish trend line at the price of 1.0210, the levels of 1.0295, then 1.0335 could be seen.
Downside Scenario: A break below above the bullish trend line at the price of 1.0210 could send the pair to the levels of 1.0165, then 1.0130.
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