• AUD/USD grinds higher to extend past 0.7275, post FOMC minutes induced spike
  
  
• The pair hit session highs at 0.7288, underlying momentum is bullish, but strong resistance looms in the 0.7280/0.7300 region
  
  
• A close above 0.7275 for the Aussie this week could open the door for a test of the 0.7350 level
  
  
• Bulls are in charge, RSIs remain biased up with no divergence, but remain at oversold which requires some caution
  
  
• Markets shall be keeping a close eye on employment data due on Thursday next week for further cues on the economy
  
  

Resistance Levels:

R1: 0.7310 (Aug 24 high)

R2: 0.7359 (Aug 21 high)

R3: 0.7375 (could base)

Support Levels:

S1: 0.7247 (Session low)

S2: 0.7200 (55 EMA)

S3: 0.7178  (cloud top)