The AUDUSD is at the triangle resistance.

The AUDUSD has been in a tight consolidation for the last 5 weeks, but we are now at the triangle resistance. When in the apex of the triangle, the volatility could increase quickly, but in the event we get a breakout above the .7135 level resistance the 200dma is just above at .7200 which ultimately should be broken to confirm an upside breakout. That would coincide with horizontal resistance from February as well.

Blake Morrow