Currently we are at 1.0481 and testing a break of the top to the north. The target area is the resistance cluster ( Resistance/R4) @ 1.0526-36. The big target is the1.618 Fibo extension @ 1.0568 but will have to break the trend wall to get there. The average daily trading range (ATR) is 65 pips.

AUDUSD-11-27-2012.jpg