AUD/USD preserves bullish impetus

While yesterday AUD/USD pulled back after a sharp rally, the dip did not reach the down-sloping trend-line, allowing the price to start yet another green candle ahead of the 55-day SMA. It seems the currency pair is aiming at the 100-day SMA at the moment, but could also try the toughness of a subsequent level at 0.9312, but should not surpass the highs seen in 2009 and 2010 if we are to believe the technical studies, most of which are bearish.

The attitude of SWFX marketplace participants towards AUD/USD is unchanged—the amount of bulls (74%) significantly exceeds the amount of bears (26%). Concerning the orders placed on the pair, there is almost no difference between those interested in buying (49%) and selling (51%).