AUD/USD opens +0.17% after bouts of AUD/JPY buying supported on dips

The AUD/JPY rose another 1.15% to a 6 1/2 high just shy of 92.00

The cross buying helped to off set moves lower in key commodities nL2N2VR067

AUD/USD continues trend higher with 5, 10 & 21-day MAs in bullish alignment

The next resistance is the Oct 28 trend high at 0.7555

More resistance is at the 61.8 of the 0.8007/0.6967 move at 0.7609

Support is at former resistance at 0.7440 and 10-day MA at 0.7385

AUD/USD is overbought technically and a small pullback wouldn't surprise

Trend is still higher so pullbacks should be buying opportunities

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