Aussie broke above mini double bottom pattern that was carved out during the past seven days. The first low was posted on Thursday last week and the second on Monday this week. Neckline runs near 0.7040 and measured target projects to 0.7140. With better risk sentiment and slightly less worrisome data from China overnight, pullback to the neckline may be a decent opportunity to go long.

Support:
0.7035 - 0.7055 (Weekly Pivot Point, 50's, Daily Resistance 1, Previous Day High, H1 200 SMA, H4 50 SMA)
0.7000 - 0.7020 (H1 50 SMA, Daily Pivot Point, H1 100 SMA, 00's)

Resistance:
0.7085 - 0.7100 (High Of Day, Daily Resistance 3, 00's)
0.7140 - 0.7070 (Double Bottom Target, 50's, Last Tuesday High, Weekly Resistance 1)

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