AUDUSD: With the pair resuming its short term upside on Tuesday, further upside is likely to target the 1.0475 level with a breach creating scope for a run at the 1.0520 level. The ultimate target lies at the 1.0611/23 level. Its daily RSI is bullish and pointing higher supporting this view. On the downside, if its present bullish tone fails, it could target the 1.0304 level with a violation of there targeting the 1.0234 level. A breach will push it lower towards the 1.0198 level. Further down, support comes in at the 1.0150 level. All in all, the pair continues to face upside risks.
