AUD/USD spikes above 0.9150, 200-day MA

FXStreet (Bali) - Some big flows just came in taking the AUD/USD from 0.9127 to make a new 2014 high at 0.9155, with market sources reporting corps buying AUD as one of the main catalysts for the spike.

A clean breakout of 0.9150 would be a major technical development for the AUD, potentially paving the way for additional gains towards 0.9170 (double top dec) , 0.9220 (50% fib retrac 0.9740-0.8640) ahead of 0.9270 (horizontal).