AUD/USD Technical - 08/AprilBy Praful Patat AUDUSD is continues going up side toward extension 1.0548-1.0630 area. AUDUSD touched 127.2% extension at 1.0447 on daily chart, also 127.2% extension at 1.0473 of 1.0416 to 1.0201, 161.8% extension at 1.0548 still in progress. In AUDUSD retracement will be possible after 1.0548-1.0630 area. Retracement will be possible toward 1.0447, 1.0387 area if back from 1.0548 resistance. AUDUSD break of 1.0469 support, further going down side toward 1.0415 next support. AUDUSD backed from Fib No. 61.8% at 0.9810 from, extension 127.2% at 1.0447, 161.8% at 1.0695 still in progress. Strategy: AUDUSD buy from support or sell from resistance. New Low: 1.0393, 1.0441, 1.0421. Pivot Point: R3-1.0558, R2-1.0522, R1-1.0499, PP-1.0462, S1-1.0426, S2-1.0403, S3-1.0366.
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