AUDUSD looks to extend its upside pressure after breaking through the 0.6444 level. On the downside, support comes in at the 1.6444 level. A cut through here will turn focus to the 0.6400 level and then the 0.6350 level. A violation will set the stage for a retarget of the 0.6300 level. Conversely, resistance lies at the 0.6550 level where a breach will aim at the 0.6600 level. Below here will open the door for a run at the 0.6650 level and then the 0.6700 level. On the whole, AUDUSD faces further upside threats in the short term.
