AUD/USD rose to $0.9125
AUD/USD extends the upside on Wednesday, trading at session highs around $0.9125 (above the 55-day MA). Aussie found support as data showed Australian economy expanded by 0.6% in Q2.
The pair is still in demand, but the sell orders are clustered in the $0.9150 area. Note that the market is overbought.
Resistance: $0.9150, $0.9200, $0.9230, $0.9270
Support: $0.9100, $0.9080/70, $0.9000
Chart. H1 AUD/USD