The AUD/USD pair broke much higher during the course of the session on Tuesday, slicing through the 0.80 handle. Because of this, if we can break of the top of the range for the session, we would be buyers. We recognize that there is a significant amount of resistance that just got broken through, so a continuation of this move would be massively bullish. On the other hand, if we get a resistant candle it could be a selling opportunity although the longer-term price point that has attracted quite a bit of attention by both traders on the positive side, and the negative one.
