The Australian dollar/US dollar pair has formed an inside day candle under the key 1.0600 area previous resistance. This came as price took out the intermediate swing high around 1.0583 and subsequently retraced the majority of the prior days range. A break of the lower end of this inside day would be trading directly into the 1.0500 round number area, an upside break would likewise need to contend with the aforementioned longer term resistance. Any sustained move through these levels could potentially see increased volatility for the AUDUSD over the upcoming trading sessions. Last Thursday had this pair print a ... (full story)